밀러의 均衡負債理論을 이용한 不動産 租稅政策에 관한 메카니즘적 提案

• 영문명: A Proposal from Mechanism Perspective on the Real Estate Taxation Policy - In view of Miller's Optimal Tax Theory
• 발행기관: 한국부동산학회
• 저자명: 오준석(Oh Joon Seok)
• 간행물 정보: 『부동산학보』부동산학보 제23집, 49~60쪽, 전체 12쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2004.08.01

영문 초록

1. CONTENTS (1) RESEARCH OBJECTIVES Recently government set up a new plan for stabilizing real estate market in Korea from the perspective of real estate tax structure reform. But, considering the fact the tax instrument has a wide variety of effects in allocation resources in the market, we must find out the expected results and the direction of the market movement in advance. And, to achieve the policy goal, it is more important to design an atmosphere of tax compliance rather than to control the market behavior of economic agents. In this way, I try to see the matter through economic incentive mechanism in the market, and finally, I reached a conclusion. (2) RESEARCH METHOD I adopted financial model designed by Merton Miller into the real estate tax structure. I tried to explain the fact that the policy mechanism is worse in efficiency than market mechanism through mechanism concept. (3) RESEARCH RESULTS By implementing Miller's Optimal Debt Level Theory into the proposal of real estate tax reform, transaction taxes should be reduced by far and capital gain taxes as well. In contrast, holding property tax can be increased on condition that the tax base is reasonable to tax compliance. 2. RESULTS To promote the function of real estate market mechanism, firstly, transaction tax(acquiring tax, stamp tax) should be lowered by far. Second, property tax can be raised on condition that the tax base is reasonably designed. And finally, capital gain tax should be lowered to accelerating the function of the real estate market. 3. KEY WORDS market mechanism, policy mechanism, real estate tax reform, capital gain tax, income tax, Merton Miller, realization principle.

목차

ABSTRACT

Ⅰ. 不動産租稅의 政策的 意義

Ⅱ. 市場 메카니즘과 政策 메카니즘

Ⅲ. 밀러의 균형부채이론

Ⅳ. 決論 및 時事點

參考文獻