Policies · Planned · 4 sources combined
Local Tax System Reform Discussion
National Assembly Meeting on 30th
In short
Gyeonggi Province will discuss Governor Choo Mee-ae's local tax system reform plan at the National Assembly.
The key issues are raising the local consumption tax rate, transferring corporate tax to local governments, and revamping the local education tax.
Twelve National Assembly members will co-host the event, which will be livestreamed on Gyeonggi Province's YouTube channel.
Key facts
| When | Gyeonggi Province will hold a discussion at the National Assembly Members' Building at 2 p.m. on the 30th. |
|---|---|
| Where | The event will be held at the National Assembly Members' Building in Seoul and livestreamed on Gyeonggi Province's YouTube channel. |
| Who | The agenda covers three major local tax system reform tasks proposed by Governor Choo Mee-ae. |
| What | They will discuss raising the local consumption tax rate from 25.3% to 40.3%, transferring 5% of corporate tax to local governments, and revamping the local education tax. |
What it means for me
Changes to the local tax system could affect regional finances and public service budgets.
