21. The government should abolish stock transaction taxes and cut land transaction taxes to zero, Toyoda said. 22. The package will include a cut in transaction taxes and more access by foreign investors to Korean stocks and bonds. 23. The Nationalists are trying to delay or kill the stock transaction tax and the capital gains tax bill at the same time, Chou said. 24. The prime minister said the government is considering other measures to stimulate the economy, including a reduction in securities transaction taxes. 25. The second contentious area is taxes, where the Caldera administration has proposed to resurrect a financial transactions tax that the IMF opposes. 26. The transaction tax would be imposed only on short-term speculation of securities and not be levied on stocks and bonds held for two years or more. 27. They have to pay high commission fees to brokerages and also security transaction taxes. 28. They party called for letting banks sell stocks, liberalizing brokerage commissions and abolishing securities transaction taxes from next year. 29. This morning, EPA chief Koji Omi said the government will pursue economic structural reforms and consider cutting corporate and securities transaction taxes to help the economy. 30. Those reforms include breaking down the barriers separating banks and brokerages, liberalizing stock-trading commissions and possibly eliminating the transaction tax on all securities trades. |