The local government that has been cut the most in local grant tax is Gyeongsangbuk-do

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(1)The single local tax has been cut the most
(2)North Gyeongsang Province itself…1.7 trillion won less
(3)Input 20231009 PM 515 Revised 20231009 PM 543 Articles
(4)Reporter Park Soon-bong
(5)one street
(6)Transferred to reducing local grant tax on tax investment
(7)Local governments with low self-reliance are likely to face financial difficulties
(8)The government’s local grant tax to rural areas and local governments that lack financial income will be reduced by more than 11 trillion won, according to an analysis By local government, North Gyeongsang Province is expected to drop the most to 1.7 trillion won. This is the result of the Yoon Suk Yeol government’s reduction of 11.6 trillion won in local grant tax as 59.1 trillion won in tax revenue was reduced due to the tax reduction policy. Critics point out that if the grant tax is reduced, it is difficult for local governments with low self-reliance to avoid financial difficulties, which could spread the damage of tax revenue to the region

By metropolitan government, Gyeongsangbuk-do is the local government with the largest reduction in ordinary grant taxes

7637

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