South Korea's Finance Ministry holds public hearing on estate acquisition tax reform, plans to submit amendment to National Assembly in May amid discussions on taxation criteria and system development.
#YonhapInfomax #InheritanceTaxReform #EstateAcquisitionTax #PublicHearing #NationalAssembly #TaxationCriteria #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57238

South Korea's ruling party proposes full inheritance tax exemption for spouses, pushing for major tax system reforms including transition to estate acquisition tax and lowering highest tax rates.
#YonhapInfomax #InheritanceTaxReform #SpousalExemption #PeoplePowerParty #TaxSystemOverhaul #EstateAcquisitionTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54417

South Korean ruling and opposition parties clash over inheritance tax reform, with the ruling party advocating for fair taxation through estate acquisition tax, while the opposition raises concerns about potential tax revenue shortfalls and benefits for the wealthy.
#YonhapInfomax #InheritanceTaxReform #EstateAcquisitionTax #TaxRevenue #PoliticalDebate #OECDComparison #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54002

South Korea to implement estate acquisition tax in 2028, allowing tax-free inheritance of 2 billion won for families, potentially reducing tax revenue by over 2 trillion won annually.
#YonhapInfomax #EstateAcquisitionTax #InheritanceTaxReform #TaxDeduction #MinistryOfEconomyAndFinance #TaxRevenue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53851

South Korean government to unveil inheritance tax reform plan next week, shifting from estate tax to estate acquisition tax system, with potential increase in child deduction limit.
#YonhapInfomax #InheritanceTaxReform #EstateAcquisitionTax #MinistryOfEconomyAndFinance #TaxDeduction #LegalAmendments #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53406

People Power Party proposes abolishing spousal inheritance tax and transitioning to estate acquisition tax system, aligning with global standards and addressing public demand for inheritance tax reform.
#YonhapInfomax #InheritanceTaxReform #SpousalInheritanceTax #EstateAcquisitionTax #PeoplePowerParty #OECDStandards #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53128

South Korea plans to reform inheritance tax system, introducing acquisition tax on inherited assets in March, aiming for fiscal sustainability and economic dynamism through tax policy changes.
#YonhapInfomax #InheritanceTaxReform #AcquisitionTax #FiscalSustainability #TaxPolicy #EconomicDynamism #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=52838

https://youtu.be/1KgAXro2Ixg?si=xyjSxlIWCBSapt_s
#RichardMurphy #InheritanceTaxReform