The aim of this research is to suggest the direction for the future reform of consumption tax in Korea. For this, we survey and analyze the past consumption tax reforms both in Korea and in other advanced countries. We also look at the theoretical arguments for the desirable consumption tax system.
The conclusion is as follows. It would be desirable that Korea for the time being should maintain the current consumption tax system centering around the Value Added Tax and better focus on simplification of consumption tax system. And we also advise to unify various environment-related taxes such as transportation tax and other levies into one environmental tax. Finally, Korean government may consider to increase the tax rate of VAT considering the need to raise tax revenue in order to fund for social welfare expenditure and national debt repayment. This is because it is very difficult to find other revenue sources due to expected tax revolts.
- 소비세제의 개혁사례와 바람직한 개혁방향(The future direction for consumption tax reform)
소비세제의 개혁사례와 바람직한 개혁방향(The future direction for consumption tax reform)
서울 : 한국조세연구원
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Economic Administration|