Boseong-gun Conducts Proactive Local Allocation Tax Statistics Management Check Ahead of New Government Launch
Education on the Importance of Statistical Management for Standard Fiscal Demand Amount
[Boseong=Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Jeollanam-do Boseong-gun held a meeting on the 25th to explain the importance of statistical data to those in charge of grant tax statistics and to hear suggestions for system improvements that reflect the current structure, in preparation for the new government launch and proactive securing of local grant tax.
About 47% of Boseong-gun's revenue structure consists of local grant tax, making securing grant tax very important for financial stabilization and the promotion of current projects.
Accordingly, the importance of local grant tax was shared with practitioners, and strategies for securing local grant tax were established.
In particular, in preparation for amendments to the Local Grant Tax Act and others due to the new government launch, the impact of statistical data on fiscal equalization effects was analyzed, and key measurement items were reviewed, including identifying decisive factors for standard administrative demand, basic demand, unit costs, and correction coefficients.
This year, Boseong-gun plans to actively request ▲ reflection of financial burden arising from environmental improvements around railroads, ▲ retention of existing statistical data on the number of registered vehicles as the basic demand for traffic management costs, and will also continuously discover and propose statistical data subject to the sunset clause.
A county official emphasized, “For strengthening the autonomy of local governments, financial support is essential, but local taxes themselves have severe regional imbalances and account for a very low proportion of total finances. Local grant tax is an important resource that alleviates resource imbalances and enables the execution of certain administrative tasks. Since the management of statistical data, which forms the basis for securing grant tax, is a very important key to increasing financial independence, all employees must recognize its importance and continuously manage statistics.”
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- One in 77 Koreans Exposed to Drugs... Enough Money for 6,600 Luxury Gangnam Apartments Circulates in Drug Market [ChwiYakGukga] ⑩
- SK hynix Ranks First in Management Evaluation for Second Year... Samsung Electronics Maintains Second Place
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Meanwhile, local grant tax is distributed using a total of 98 types of statistical data, including basic demand amount, general administrative expenses, cultural and environmental expenses, social welfare expenses, and regional economic expenses.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.