The Gap in the Loss Compensation System Law … Covered with Fourth Disaster Support



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Enter 2021.01.28 20:43
2021.01.28 20:47 edit

The ruling party begins to discuss the size of the additional budgetJeong Sye-gyun “Insurance system, not retroactive”

“Timing of the introduction of the loss compensation system is difficult to pin down,” Prime Minister Jeong Sye-gyun (second from left) speaks at the Broadcast Reporters Club debate held at the Korean Artist Center in Mok-dong, Seoul on the 28th. Yunhap news

It is reported that the Democratic Party, which is in the process of legislating the so-called “ Law of Coexistence and Solidarity 3 ”, such as the Compensation Law for Operating Losses, the Law of Participation in Cooperation Profits and the Fund Law Social Solidarity has decided to pay the fourth disaster relief fund to the self-employed and small business owners first on the 28th. As it is not easy to quickly legalize the loss compensation system, the company will compensate the loss of damages from Corona 19 to through disaster grants as a ‘side measure’ in the meantime. The National Assembly is expected to urge the creation of an “additional budget budget.” In the case of the loss compensation system, it is known that it is considered legislated in the first semester, but based on ‘operating profit’ rather than sales.

A senior Democratic Party official said in the day’s call that “the crisis situation for the self-employed and small business owners who are taking immediate damage is dire.” it is obliged to take time to legislate, it is necessary to preserve it through funds to support disasters ”. Chief Commissioner Kim Jong-min also said in an interview on TBS radio that day, “There is not much time to legalize. Either the fourth prop (in case of disaster) or the fifth prop, he said.




In the party, before the Third Win-Win Cooperation Law was enacted, such as the Loss Compensation System, discussions were started on additional disaster support as a complement to the “institutional gap.” The size of the supplement is analyzed to be 15-20 trillion won, considering the size of the first (14.3 trillion won), the second (7.8 trillion won) and the third (9.3 trillion won). ) from last year’s disaster support fund. .

However, it has not been decided whether to provide universal payments to the entire population or selective payments only to the injured. Along with opposition from tax authorities, the ‘pay range’ has been controversial even within the passport, so further discussion is needed. However, President Moon Jae-in said at a New Year’s press conference on the 18th that “I think the form of support for the national team is, of course, correct,” and the opposition party’s offensive to “give in the money for the elections “is also onerous, so it is noted that it will not be ‘selected payment’. Comes out.

The Democratic Party also accelerated work on legal provisions related to the Third Win-Win Solidarity Act. The Post Corona Inequality Relief (TF) Task Force gathered and synthesized the details of the legislation on this day, and held a general meeting of legislators for two days in a row to gather input from legislators. First, in the case of the loss compensation system, which is considered the most important of the three laws, a policy of “counter-enforcement” is not allowed. There is also a discussion on how to measure the amount of loss compensation as “operating profit” rather than the size of sales. A plan was also proposed to provide differential compensation in the form of 30%, 50% and 70% of the existing profit for each trade restriction measure, but to set the maximum compensation. Representative Won-wook Lee has also submitted a proposal for a temporary VAT increase to increase compensation for losses.

Prime Minister Jeong Sye-gyun emphasized the need for legislation, saying: “It is difficult to pin down the timing of introduction because it is important to design the system well.” However, Prime Minister Chung said: “A system that has no relation to retrospective application.” Regarding the possibility of an increase in VAT, he expressed a negative position, saying: “It is difficult if a national consensus is not created when adjusting and establishing a tax rate.

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