기업승계 지원을 위한 상속 및 증여세 차등화와 국가균형발전

Regional differentiation of inheritance and gift taxes for corporate succession promotes the relocation of innovative and marginal companies located in the metropolitan area to regional areas. This differentiation, therefore, improves a cost and spatial efficiency in the metropolitan area, and creates investment, employment, and income in the regions where companies relocate, providing the effects of suppressing population inflow and talent outflow. Our survey study is based on a questionare work targeting adult men and women aged 20 or older in Korea to derive measures to improve succession support for companies in non-metropolitan areas for balanced national development. The main results from the survey are as follows. First, surprisingly, we found results that are very consistent with Shiller et al. (1991) that examined the appropriate inheritance tax rate among former Soviets (average 39 percent, median 34 percent) and Americans (average 37 percent, median 30 percent) did. Regardless of ideological differences, region, age group, and income level, it is adopted that the appropriate inheritance tax rate is perceived to be around 33%. Second, it was confirmed that the introduction of a performance-conditional inheritance tax reduction system like German expansion of financial support, and revitalization of the corporate transaction market are required as measures to improve the succession of businesses in non-metropolitan areas. Third, Korean adults sympathized with the need to reduce the inheritance tax rate for companies located outside of the metropolitan area in terms of balanced national development. Importantly, our results are almost identical, regardless of the respondents’ residental regions.