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Entry 2020.10.21 12:26 | Revision 2020.10.21 13:46
與 “It is inappropriate to say that it will activate the capital market …”
The People’s Force Law that Representative Gyeong-ho Choo maintains the ‘large shareholder’ standard, which is subject to stock transfer income tax on the 20th, in 1 billion won, and eliminates the method of ‘family sum’ that combines all family properties by calculating the number of shares held per item. Proposed amendment. 16 opposition lawmakers participated as co-sponsors of the bill.
Starting in April next year, the Ministry of Strategy and Finance decided to impose a capital gains tax when selling shares if the company owns more than 300 million won in company shares based on three generations, including spouses, grandparents, children and grandchildren. The investment industry believes that if the law is in effect, individual investors will sell their shares to avoid taxes later this year. They are concerned about confusion in the stock market.
Except for the abolition of criticism of criticism of the ‘union system’, the ministry plans to implement the rest as scheduled. Blue House spokesman Kang Min-seok said: “The Blue House has not changed from the government (Ministry of Finance) policy, which has been disclosed so far,” regarding the requirements for major shareholders in the share transfer tax the day before (20).
However, even within the Democratic Party, there are voices against such government policy. “The government is making efforts to send liquidity and interest focused on real estate to the capital market,” Democratic Party Supreme Council member Yang Hyang-ja said at a meeting of the Supreme Party Council. “In this situation, it doesn’t seem appropriate to insist on the 300 million won tax standard.” did.
Chief Commissioner Yang said, “I should treat a third of the people who invest in stocks not as speculators, but as investors,” and said, “The tax I pay should be reasonable enough to be proud and convincing.” He said: “The Ministry of Information and Communication should not be limited to the conscience of the elite and the infallibility of ignoring the cry of the people. Let us start discussing the improvement of the system for the advancement of the financial market at this time.”
Kim Byung-wook, member of the Democratic Party, secretary of the Political Affairs Committee of the National Assembly Starting in 2023, a transfer tax will be applied to all share transactions, which is why he insists on a “two-year grace.” Representative Kim said: “As all government plans related to the financial tax system are in place by 2023, it is not too late to put it into effect after a two-year delay to rationalize fiscal policy. Only then can resistance be minimized. fiscal and the capital market can be revitalized. ” He said.