접경지역 및 반환공여구역 법인세 감면의 득과 실: 경기도를 중심으로

This paper investigates if the corporation tax reduction on the private investment in boarder area and returning land from U.S. troops can have the positive effect the economy in Kyunggi Province. Those regions have been alienated by the governmental policy of the national balanced development. There are many ways to increase the private investment in the area but this paper is focused on the corporation tax reduction. The regional input-output table is used for analyzing the economic effect of corporation tax reduction. The result shows that the value-added inducement and production inducement are 29.7 trillion won and 68.2 trillion won in Kyunggi Province by tax reduction. It is also going to make the number of employees increase by 500 thousand. In addition, economic growth from corporation tax reduction can increase the internal tax including the corporation tax. The amount of the increase of the internal tax is forecasted in 5,691 billion won and the amount of the corporation tax reduction is going to be 3,670 billion won from 2015 to 2024. It means the increase of tax is greater than the decrease of tax from corporation tax reduction. So the central government has to exempt the investors from the corporation tax in boarder area and returning land from U.S. troops.