금융․보험 및 교육용역에 대한 부가가치세 과세연구 - 과세전환 개정사례 및 학원 관련 법 측면에서 -

Abstract

This paper is aim to analyse the current VAT exemption's drawback, to compare major VAT exemption items such as finance and insurance service and educational service with major foreign countries, and aim to research for improvement of extension in tax base. VAT exemption's defect and improvement plan are as follows. First, When examining cases that finance and insurance services had been changed to taxable transaction from VAT exemption in the past, several services relating to finance and insurance have been VAT exempted although they did not qualified. Explicitly received commission can be practically VAT taxable item. During the case studies, Fund accounting and Administration Company licensed under Financial Investment Services and Capital Markets Act, are observed that it is VAT exempted without significant difference from Accounting and Tax firm in business. This service should be VAT taxed as main business activities is not relevant to fund raising and financing. Second, Considering definition and category of public and private education service, VAT should be imposed on private education institution from the perspective of non-profitability and public concern unless it has complementary aspect of regular school class. For example, accredited private institution under Life-long Education Act complements regular school class, so it is regarded as public education and VAT exemption. There is a similar case for condition of tax exempted education service in Japan.