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Tax Incentives for Job Creation and Employment Retention
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  • Journal title : Journal of Digital Convergence
  • Volume 13, Issue 11,  2015, pp.133-139
  • Publisher : The Society of Digital Policy and Management
  • DOI : 10.14400/JDC.2015.13.11.133
 Title & Authors
Tax Incentives for Job Creation and Employment Retention
Lee, Byung-San;
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 Abstract
This study is aimed at suggesting the establishment strategy of human resource development through the tax support system under the "Tax incentive limitation law" provided for job creation and employment retention, by which the improvement measurements for utility maximization. The study results are briefly summarized as follows: At first, It's necessary to permit overlapping deduction of the tax favor for encouragement of job creation and employment retention, i.e. tax exemption and tax credit, and to exclude a company from the object for the alternative minimum tax application for maximization of the effect on employment inducement. Secondly, It's necessary to establish tax exemption and a tax credit on the surplus of the minimum wage standard. At last, It's also necessary to abolish, or expand the sunset period of tax support on a large scale to enhance the predictability of human resources management. These discussion are made through the convergence both employment policies and tax laws.
 Keywords
Convergence;Job creation;employment retention;tax credits;tax exemption;
 Language
Korean
 Cited by
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