Han Dong-hoon: “Consider disclosing the membership information of lawmakers and high-ranking officials in private equity funds”

, ‘Hwang Kyo-ahn, the leader of the opposition People Power Party, proposed today (30th) to consider the disclosure of National Assembly members and top officials’ private fund membership along with the abolition of the financial investment income tax.’,

, ‘Hwang mentioned during today’s meeting of the highest council in the National Assembly, “During the discussion on abolishing the financial investment tax, investors have petitioned for the disclosure of ‘National Assembly members and top officials’ private fund membership’ to the National Assembly’s Administration & Security Committee,”.’,

, ‘He stated, “Under current standards, the membership details of private funds themselves are not disclosed and are lumped together with other financial assets as a total amount,” and added, “Many people believe that this disclosure is necessary.”‘,

, ‘He further commented, “With the implementation of the financial investment tax, some private fund members can save taxes from a maximum of 49.5% to 20%,” and said, “There are investors questioning whether the tax is being implemented for reasons related to such concerns.”‘,

, ‘Hwang directed his statement towards the ruling Democratic Party that decided to determine its position on the financial investment tax issue this week, saying, “As much effort has been made to decide, provide a definite answer,” and emphasized, “Abolishing the financial investment tax is the answer.”‘,

, ‘Kim Sang-hoon, the chairman of the Policy Committee, also expressed his disagreement with Democratic Party leader Lee Jae-myung’s indication of postponing the financial investment tax in a recent TV interview by saying, “I want to request a review,” and urged, “This leader and Democratic Party lawmakers must deeply reflect on the private investors’ cries that ‘implementing the financial investment tax is a death sentence for the domestic stock market, while delaying it is like putting a shaky situation on life support’ and make a conclusion to ‘abolish the financial investment tax’.”‘,
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, ‘[Source: Yonhap News]’,
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