Goyang-si, Local Tax Officials Workshop... Efforts to Expand Independent Financial Resources

Officials from Goyang City, Korea Local Tax Research Institute, and Goyang City Tax Association Attend Meeting

Officials from Goyang City, the Korea Local Tax Research Institute, and the Goyang City Tax Association held the "2024 Local Tax Revenue Expansion Resolution Meeting" during the "Local Tax Officials Workshop" on the 11th and 12th.

Goyang Special City in Gyeonggi Province (Mayor Lee Dong-hwan) announced on the 14th that it held a 'Local Tax Officials Workshop' over two days from the 11th to the 12th.

This workshop was organized to strengthen the resolve to overcome the reduction of autonomous revenue sources and the tax revenue crisis, as local finances are facing emergency signals due to decreased local allocation tax caused by poor corporate performance amid the overall economic downturn and government tax revenue shortfalls.

The workshop was attended by local tax officials from Goyang City, the Korea Local Tax Research Institute, and the Goyang City Tax Association.

Co-hosted with the Korea Local Tax Research Institute, the workshop included brainstorming sessions on changes in city finances and response measures following the designation of Goyang Special City as an Economic Free Zone, as well as a pledge ceremony to expand autonomous revenue sources and achieve local tax revenue targets.

Through a pledge ceremony conducted with four resolution slogans, participants reaffirmed their determination to expand Goyang Special City's autonomous revenue sources and achieve revenue goals.

Mayor Lee Dong-hwan said, "I am proud that Goyang City's tax administration has recently been recognized as an excellent institution in external evaluations," adding, "Being selected as an excellent local tax administration institution in Gyeonggi Province for three consecutive years is all thanks to your efforts." He also emphasized the importance of local taxes, stating, "The designation of the Economic Free Zone will lead to the expansion of autonomous revenue sources and provide a great opportunity for Goyang."

A city official stated, "Local tax revenue officials, the Korea Local Tax Research Institute, and Goyang City Tax Association officials will work together to ensure that the basic autonomous revenue sources of the city, local taxes, and non-tax revenue collection targets are achieved without fail."

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