Ulsan City to Promote Local Tax Reduction for Families of Itaewon Victims... Exemption of Resident and Vehicle Taxes Until Next Year
[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Ulsan City is pushing to exempt local taxes such as resident tax, automobile tax, and property tax until next year for the bereaved families of the Itaewon victims.
On the 5th, Ulsan City submitted the “Consent Proposal for Local Tax Reduction for Families of the Itaewon Accident Victims” to the Ulsan City Council.
The consent proposal is scheduled to pass the plenary session on the 16th following the Ulsan City Council review on the 14th, and will also be processed through council resolutions in district and county councils by the 20th.
This tax reduction consent proposal is based on the “Local Tax Reduction Application Standards” sent by the Ministry of the Interior and Safety to local governments, urging nationwide unified local tax reductions at the intergovernmental level.
According to Article 4 of the Local Tax Special Cases Restriction Act, heads of local governments may reduce local taxes with the resolution of the local council when necessity is recognized due to special reasons such as disasters.
The beneficiaries of the tax reduction are the parents, spouses, and children of the deceased from the Itaewon accident who have their address in Ulsan.
The tax items subject to reduction include the second installment automobile tax imposed in December this year, and next year’s resident tax (individual and business office portions), automobile tax, property tax, fire service regional resource facility tax, and acquisition tax related to inheritance of the victims.
If local taxes have already been paid, they will be refunded, and the same consent proposal will be applied to additional confirmed deceased persons after the plenary session resolution for tax reduction.
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An official from Ulsan City said, “To avoid inconvenience to the bereaved families suffering from the Itaewon accident, we will proceed with the tax reduction ex officio based on the bereaved family data provided by the Ministry of the Interior and Safety, and in case of any omissions, we will also promote tax reduction through applications.”
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