기업경영 개선을 위한 세제개선방안 -세제의 중립성확대를 통한 기업경쟁력제고-

Cutting the corporate tax rate would be the simplest and easiest way to help the businesses in financial aspect. But the fiscal needs of government usually limit the tax rate cut. We have to make efforts to improve the tax system to help the businesses while not incurring the decrease of the fiscal revenue. For this purpose the author argues for the enhancement of neutrality of tax system in Korea as follows. First, the personal scope of consolidated tax return filing has to be expanded as to include the subsidiaries of which shares the parent company has no more than 80%. Second, inheritance taxation has to be abolished. Instead income taxation has to be fortified as to put any capital gains under taxation. Abreast with such changes the exit tax has to be introduced for the purpose of the prevention of tax avoidance through capital flight or expatriation. Third, the carryover period of net operating loss has to be expanded. And the corporate tax rate has to become single and flat. Fourth, the concept of capital import neutrality has to be respected as much as capital export neutrality for the taxation of cross-border transactions. Lastly, the project of tax law-rewriting has to be launched for the purpose of decreasing tax compliance cost.