Announcement of a 30-day tax reform plan, including increased taxes and increased incentive allocation



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  Announcement of a 30 day tax reform plan

The revision of the tax law, which aims to increase the overall property tax and incentive to work, will be noticed next week.

The Ministry of Strategy and Finance

Tax reform measures targeting multi-home homes at very high prices with more than three homes, and tax incentives, including EITC, which tripled the total amount payments.

In addition, the Democratic Party and the government announced that tax incentives for children will be extended to beneficiaries of the livelihood benefit, and that the amount of the allowance will increase from 500,000 won to 700,000 won per child

The Dangjeong also decided to apply the medical expense tax deduction for postpartum cooking expenses of employees with a certain income or less.

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Consumer price developments in July

Domestic prices are expected to improve, with investment decreasing for three consecutive months and retail sales declining for two consecutive months.

Consumer prices rose 1.3% year-over-year in the first quarter and 1.5% in the second quarter

The Bank of Korea (BOK)

The BOJ is interested balance of payments in June, announced on March 3.

While the external environment becomes unstable due to the acceleration of rising US interest rates and the US-China trade war, the current account surplus is a major factor to positively evaluate the Korean economy

At the end of July, the amount of foreign currency reserves will also be released the same day.

On the 31st, the minutes of the "small number of impressions"

The Chairman of the Financial Services Commission (FKI) announced on March 31 that it would offer a simple billing system for the Medical insurance on the basis of recent economic indicators.

The difficulties related to Inchetech It will converge. Inchetech is a combination of insurance and technology, which means a service that innovates in the insurance industry using information technology (IT) like data badysis. and artificial intelligence.

(Yonhap News)

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