The controversy over the stock transfer income tax criteria for major shareholders is expected to be resolved on the 10th.
A Democratic Party of Korea lawmaker stated after a party policy coordination meeting on the morning of the 7th at the National Assembly that recent reports suggesting they proposed 5 billion won to the presidential office regarding the stock transfer tax are not true, and noted that they plan to collect opinions from party lawmakers regarding the transfer tax and convey them to the government and party at the meeting on the 10th.
The Democratic Party of Korea is scheduled to hold a high-level party-government meeting on the 10th with the participation of the party leadership, the government, and the presidential office. It is said that the recently controversial criteria for the stock transfer income tax for major shareholders will also be discussed at that meeting.
A Democratic Party of Korea lawmaker said, "If we communicate opinions such as Proposal 1, Proposal 2, and Proposal 3, the final decision will be made by the presidential office or the government, referring to the opinions of the party."
They refrained from commenting on the specific criteria. They stated that there has been no decision on whether to maintain the government proposed figure of 1 billion won, revert to 5 billion won, or set it at a midpoint of 2.5 billion won. However, this lawmaker added, "It seems we will just be criticized if we go with a middle number."