부동산 거래와 세제지원정책의 당부- 중국인의 제주도 부동산 투자에 세제지원을 해줘야 마땅한가? -

This paper is a critical review of the argument that capital gain tax incentive measure for Jeju must soon be adopted in Korea. More specially, not only does this paper cover Korean optimal tax policy for Chinese Investment in Jeju, but also tries to establish a tax bill framework regarding capital gain tax incentive measure. Main arguments of this paper can be summarized as follows: Firstly, capital gain tax incentive clause for Jeju should not be adopted without carefully considering Korea-China Tax Treaty. Secondly, it is hard to say what the optimal tax policy in Korea is without close research for Chinese tax system. Thirdly, it is uncertain whether tax incentive measure will induce FDI in the real world. Fourthly, even if a tax incentive clause of Korean tax law actually induces FDI as we can see in Korean historical background, it is difficult to identify whether that is good thing in the light of efficiency concept. Fifthly, both persuasion and sympathy for other Korean people except Jeju resident are the real task from the viewpoint of equity. Sixthly, we have to always pay keen attention to blind exemption of host taxes which might suppress our rational policy-making.