Busan Regional Tax Office Chief Kim Dongil Holds 'Tax Administration Meeting' with Ulsan Chamber of Commerce and Industry

Listening to Tax Difficulties and Suggestions... Promise of Active Administrative Support

Kim Dongil, Commissioner of the Busan Regional Tax Office, attended a tax administration meeting hosted by the Ulsan Chamber of Commerce and Industry on the 5th, where he listened to the difficulties faced by local businesspeople regarding tax matters and discussed support measures for tax administration.

The meeting was attended by 12 people, including Lee Yooncheol, Chairman of the Ulsan Chamber of Commerce and Industry, as well as Kim Dongil, Commissioner of the Busan Regional Tax Office, and five related officials.

The tax administration meeting was organized in recognition of the growing challenges faced by local businesspeople due to prolonged high interest rates and worsening domestic demand, and the need for active communication between local businesses and tax authorities.

Lee Yooncheol, Chairman of the Ulsan Chamber of Commerce and Industry, explained the difficult local economic situation caused by high inflation and requested effective tax support measures that could benefit local companies.

Chairman Lee also conveyed various difficulties and suggestions from local businesspeople, including the extension of the amendment to the Special Taxation Act related to the K-Chips Act and maintaining the current deduction rate, applying different corporate and income tax rates for companies located outside the capital area, and lowering the maximum inheritance tax rate and changing the taxation method.

In response, Kim Dongil stated, "I would like to express my gratitude to the Ulsan Chamber of Commerce and Industry and local businesspeople who are doing their best in business activities as a strong pillar of the local economy by creating jobs and faithfully paying taxes despite the difficult economic conditions," and promised, "We will actively reflect taxpayers' voices in tax administration and provide maximum support from a tax perspective to help revitalize the Ulsan economy."

He added, "We will implement proactive tax support policies such as automatic extension of payment deadlines for small and medium-sized enterprises experiencing management difficulties, business succession consulting, pre-review of research and development tax credits, and consulting for corporate tax deductions and exemptions."

The Busan Regional Tax Office plans to maintain regular communication with the Ulsan Chamber of Commerce and Industry through various channels and continue its efforts to help revitalize the local economy, thereby realizing its vision of 'a national tax office for the people and trusted tax administration.'

Busan Regional Tax Office is holding a tax administration meeting with Ulsan Chamber of Commerce and taking a commemorative photo.

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