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Kyung-ho Choo “Investment tax credit, not a problem with a particular large company … Introduce the bill at the end of January”

Deputy Prime Minister Choo Kyung-ho greets with a glowing expression [사진 제공: 연합뉴스]

Deputy Prime Minister and Minister of Strategy and Finance Choo Kyung-ho said that investment tax credits are not a problem limited to some large companies.

Deputy Prime Minister Chu, who met with reporters at the Sejong Government Complex today, pointed out that Samsung Electronics and other large companies will receive tax benefits of trillions of earnings as a result of the expansion of investment tax credits. the ecosystem is also affected.”

“We are trying hard to seek understanding so that the discussion can be brought to a good end in February if possible by introducing the government’s bill before the end of January,” he said.

Regarding the concerns of the opposition’s objections, he replied, “Bills have been published by members of the opposition with a similar purpose, and even when discussing reducing corporate tax in the past, some parts of the National Assembly have discussed support direct. for investment returns rather than corporate tax.” I did it.

He added, “The economic situation is very bad and investment needs to be stimulated, so I will ask you to join.”

Deputy Prime Minister Chu also said, “The expansion of tax assistance has been under review since mid-December,” and said, “The speed of the discussion has accelerated a little more because the president said one step forward.”

“The president has the authority to give instructions as the person in charge of the administration of the state, and if there are instructions that contradict the direction we anticipate, we will set the direction to’ each other,” he said. faster,” he explained.

Previously, the government announced a tax support scheme to increase the tax credit rate for annual facility investment in national strategic technologies such as semiconductors, batteries, vaccines, and displays to 15% for large companies and 25% for small enterprises and medium, respectively.

Taking into account the additional 10% deduction on investment growth this year, the maximum deduction rate rises to 25% for large corporations and 35% for small businesses.