Imsil County Council Adopts Resolution Urging Rent Reduction Measures for Small Business Owners

[Asia Economy Honam Reporting Headquarters Reporter Park Nosik] The Imsil County Council in Jeonbuk (Chairman Jin Namgeun) has adopted a resolution urging measures to reduce rent for small business owners.

The Imsil County Council announced on the 8th that at the 6th plenary session of the 306th extraordinary meeting, it adopted a resolution calling for the government and the National Assembly to promptly amend the Commercial Building Lease Protection Act to support small business owners who are increasingly suffering amid the COVID-19 disaster situation.

In the resolution, the council stated, "Despite small business owners actively cooperating with K-quarantine measures such as shortened business hours and store closures due to the prolonged COVID-19 pandemic, the price of their sacrifice and dedication is an unbearable burden," adding, "Since temporary benefits have reached their limit in alleviating this pain, laws and systems agreed upon by all members of society must be established."

Through the resolution, the council proposed ▲ the prompt amendment of the Lease Protection Act ▲ support for rent reduction through emergency financial orders by the government and local government heads until the law is amended ▲ extension of a 50% tax credit benefit on the rent reduction amount through amendments to the Restriction of Special Taxation Act by the government and the National Assembly.

Chairman Jin Namgeun said, "The scenes at major traditional markets in Imsil County, including Imsil, Osu, and Gwanchon, during the peak Lunar New Year season are so difficult that it is hard to expect the previous prosperity," and added, "On behalf of the 30,000 residents of Imsil County, I strongly urge institutional improvements for small business tenants at the government and National Assembly levels."

This content was produced with the assistance of AI translation services.