National Assembly Seminar Held to Explore AI Rational Regulation Directions

At the National Assembly, experts from various fields gathered to discuss the concept and direction of regulations including taxes on artificial intelligence (AI), as well as detailed issue structures.

On the 27th, the office of Ahn Cheol-soo, a member of the People Power Party, announced that it will hold a National Assembly policy seminar titled “Seeking Rational Regulatory Directions through SWOT Analysis of Artificial Intelligence (AI)” on the 2nd of next month.

At the seminar, Lee Won-jae, chairman of the Artificial Intelligence Citizen Participation Forum (AICE), will deliver a keynote speech on “Exploring the Bright and Dark Sides of the AI Era and Rational Countermeasures.” Chairman Lee is expected to present the concept and direction of taxation for re-education and livelihood support for vulnerable groups arising from AI development.

Following this, lawyer Ryu Seong-hyun (Kwangjang Law Firm), a former National Tax Service official, and international tax expert certified public accountant Jeong In-sik (Executive Director at EY Hanyoung Accounting Corporation) will engage in discussions under the topics “International Research Evaluation on AI Taxation and Exploration of Korean Tax System” and “Consideration of AI Phenomena from Corporate Accounting and Tax Law Perspectives,” respectively.

From the AI industry, Yoon Hee-sik, director at Microsoft Korea, will present “Corporate Perspectives on Anticipated AI Regulations,” and Lee Se-young, president of the Generative AI Startup Association and CEO of Ruiten Technologies, will discuss “Directions for Venture Development to Foster AI Industry Growth.”

Additionally, tax law experts from the National Tax Service will attend the National Assembly seminar to listen to expert opinions and exchange views on the possibility and direction of reflecting AI taxation in Korean tax law.

Moon Hyung-nam, professor at the Graduate School of Business at Sookmyung Women’s University and president of the Korea AI Education Association, who will chair the seminar, stated, “The seminar aims to review various legislative statuses for AI sector regulation, examine domestic and international academic research trends related to AI taxes linked to employment issues, and seek regulatory principles and directions that can enhance the acceptance of AI regulations by the National Assembly, industry, and government.”

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