配當所得 課稅制度에 關한 硏究 = A Study on the Reform of Dividends Income Tax System

다국어 초록 (Multilingual Abstract)

The promotion of the securities market is after all a achieved with the enlarged balance in the demand and supply of securities, promoting the demand of securities or requiring a policy which leads to the opening of an enterprise as well as the supply of securities and its related payment increase. The securities tax is considered as the most important policy because it not only has a great influence on the supply and demand but also it covers a wide range. Though securities tax system can be viewed as one of the tax systems which may have a direct or indirect effect on the demand and supply of the securities market.
Nevertheless, this paper deals in the main with the securities tax system related to a securities investment income since the taxation of a taxpayer is of a main concern.
Besides, this paper will present a reform policy by making a comparative analysis of the foreign nations and our nation, and then examining critical problems followed by it.
1. The Taxation Problem to Dividends Income.
Dividends income shown in Clause. 2, Art. 8 of income tax law is described on the basis of total income amounts. Here any necessity is not allowed regardless of borrowed money used for the investment ended in a base of dividends income concerned, bills of fare spent on receiving dividends amounts, and direct expenses for gaining it. Consequently, the total amounts equal to necessity expenses. In the frame, necessity expenses should be more or less admitted like advanced foreign nations through data showing dividends income.
A lowest taxation system to the divided taxation dividends income, abolished in 12, 1980, should be reviewed in terms of the widening of securities investors in the lower class. On the one hand, the primary trouble with is one of lessening double taxation For all the fact that dividends taxation deduction system to general company was abolished in 12,1978, only the deduction system to dividends tax amounts still remains today. Consequently, we should note that it was a support measure for the opening of an enterprise rather than and adjustment one for lessening a double taxation. As a result, the stock holders of a small-scale company groaned under the heavy burden of taxation compared with those of a private enterprise. On the other hand, for the advanced foreign nations, it is likely that they adopt an imputation approach, the income tax deduction gained by adding corporate tax to dividends which an owner receives to dividends for which an enterprise.
Ⅱ. The Enlargement of Securities Savings Entrance of Laborers.
The system enforced since 1979 has limited its subject in the laborers only from four hundred thousand to ten hundred thousand monthly. Though, it is being enforced up to the labours of monthly nowadays, it is not really fruitful because of prices rise. Consequently it is thought as desirable that the subject of the tax deduction should be raised up to six hundred thousand monthly to enlarge the securities population.
Ⅲ. The Building-up Dividends Tax Deduction System.
Dividends tax deduction system should raise its rate to help the burden of tax resulted from overlapping taxation, and enforce the degrading rate in the structure of tax rate to secure the partialities between stock holders.
Ⅳ. The Taxation Problem to Capital Gain
Like advanced foreign nations. it is found as difficult in our nation, Judging from the promotion of the capital market and the enlargement of the market. Nevertheless, it is thought that a policy is needed to impose constant tax rate on them, and then deduct it from the short term loss by distinguishing the short-term holders from the long-term ones in order to prevent its extremities and speculation.
Ⅴ. The problem to securities Transaction Tax System
It is thought that the securities transaction tax system relatively has itr weak effect when the taxation of capital gain is in a strong state, thought it still remains because of the prevention of speculation, and the increase in tax income. Consequently it is desirable that the system should be softened or discharged for small investors in connection to the problem to the capital gain taxation.
As mentioned, the securities affiliation tax system of our nation has been discussed by comparing with that of foreign nations. It is true that priority in developing the capital market has been given so for. But, because it has been viewed as trivial, the trouble in making the capital market sound follows, and the enlargement of securities people fails to be achieved. Especially, the confirmation of necessity expenses for enlarging the range of the middle class, and the improvement of the owner of company-system continue to be required.
Above all, constant or comprehensive tax reform is urgently needed afterwards to activate the securities capital market, taking it into consideration that capital liberalization and capital procurement are turning in to direct and indirect finance now.

목차 (Table of Contents)

• Ⅰ. 序 言
• Ⅱ. 配當所得에 關한 課稅制度
• 1. 韓國의 制度
• 2. 外國의 制度
• Ⅲ. 配當所得의 課稅上의 問題點
• 1. 必要經費 要因
• 2. 少額 投資者 支援
• 3. 二重課稅 調整問題
• 4. 其他要因
• Ⅳ. 結 言