2021년 개정 세법에 관한 검토―소득세⋅법인세⋅국제조세를 중심으로―

As usual, the government submitted a tax law amendment to be implemented in 2022 to the National Assembly after deliberation by the Tax Development Deliberation Committee this year, and the tax law amendment passed the plenary session of the National Assembly on December 2, 2021. As this year's revision is made at the end of the regime, it is believed that peripheral and technical contents were bound to be mainstream rather than drastic and fundamental revisions. The government aims to facilitate its conversion to leading economy and economic recovery, to strengthen inclusiveness and win-win and fair foundation, and to create a stable revenue base and taxpayer-friendly environment. In this article, I reviewed the individual provisions of the revised Income Tax Act, Corporate Tax Act, and International Tax Adjustment Act, focusing on matters that may be problematic in interpretation. Notable amendments include the expansion of special taxation regime for mergers with Special Purpose Acquisition Company as merged corporations, restrictions on the scope of deductions for losses carried forward in business transfer transaction, revision of foreign tax deductions related to indirect investment, and expansion of controlled foreign company regime.