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In addition, the Democratic Party and the government set out to conduct last-minute coordination through a high-ranking party board of directors on the issue of the large shareholder standard, which is the basis for imposing the transfer tax of shares, and the issue of property tax reduction for an owner. The 300 million won standard will be deferred for major shareholders, and property tax cuts include homes below 900 million won, but the weight of the cut appears to vary based on house prices. Reporter Kim Dae-geun reports. The government and ruling party have conflicting positions on the issue of lowering the shareholders’ standard to 300 million won. Individual investors vigorously demanded the withdrawal of the policy, fearing that the share price would collapse due to sales to avoid taxes, and more than 220,000 people accepted the Blue House’s petition demanding the removal of Vice Premier Hong Nam- ki. Even in the power of the people, an amendment to the income tax law was proposed that keeps the requirement for large shareholders at 1 billion won. In the midst of this, the party government began to coordinate disagreements at the last minute through discussions with the party’s top administration. A key Democratic Party official explained that it is possible to conclude in the direction of suspending the standard of 300 million won for the majority shareholder. Starting in 2023, two years later, if you earn more than 50 million won per year from trading stocks, you will have to pay capital gains tax. (1) The property tax reduction for homeowners is included in the scope of housing with a publicly advertised land of 900 million won or less as requested by the Party, but the reduction of the tax rate is determined in stages depending on the price of the house. However, more opinions need to be gathered, such as criticisms about whether policies such as the strengthening of the tax tax are backing down and concerns from local governments about reducing property taxes. As such, Han Jeong-ae, Chairman of the Policy Committee, responded cautiously, saying that no decision has been made yet and that various opinions have been heard. Major shareholder requirements and plans to cut property taxes are expected to be announced this week. Because the controversy was so great, the market is interested in how the party’s disagreements were adjusted. YTN Kim Dae-geun[[email protected]]it is.
