음식업자에 대한 의제매입세액공제제도의 적정성에 관한 연구

Abstract

This study examines the adequacy of the deemed input tax deduction scheme as currently enforced for food service business. We first estimate the accumulation effect and the redemption effect which were primary concerns for the enactment of this scheme, through calculation based on the Input-Output Tables of the Bank of Korea. And then we convert these effects into the percentage proportions of total sales amount of food service business. Second, the deemed input tax deduction rates currently in effect are also converted into the percentage of the total sales of food service business. Finally, by comparing these two kinds of rates each other, we show that the input tax deduction scheme for food service business gives some favor in the VAT calculation for the summary taxpayers. But it is shown to give some disadvantages for the formal taxpayers on the contrary. In addition, in order to offset the accumulation and redemption effects for the formal taxpayers, it seems reasonable to set the deemed input tax deduction rate at 13/113 for the VAT calculation. The rate of 13/113 was introduced in 1976 when the deemed input tax deduction scheme was initially enacted. The primary policy objective of the scheme is to give some support to the poor self-employed. Therefore, if we expect the scheme to work effectively, the deemed input tax deduction rate should be adjusted upward to the initial level of 13/113. This is helpful to enhance the long-term economic performance of our economy. If the living standard of the poor self-employed is weakened, it is inevitable for the government to spend the pension for their livelihoods. We should expect other social costs such as increases in crime, too. And the long-term stable economic growth will also be disturbed by weakness of domestic demand. Hence, the readjustment of the deemed input tax deduction rate to the adequate level is needed in due course.