The Liberal Democratic Party and the Komeito Party will start full-scale discussions on the 26th for the tax reform next year.
We are considering strengthening the "wage increase tax system" to support companies that are willing to raise wages and reducing the deduction rate for "mortgage tax reduction", and will decide on the ruling party's tax reform outline by the middle of next month.
The Liberal Democratic Party and the Komeito Party will hold a general meeting of the Tax Commission on the 26th to start full-scale discussions for the tax reform next year.
Among these, as part of the "virtuous cycle of growth and distribution" aimed at by the Kishida administration, the biggest theme is to strengthen the "wage increase tax system" that supports companies that are willing to raise wages, which will lead to an increase in the salary of each employee. The focus is expected to be a review of applicable requirements and an increase in the tax credit rate.
In addition, in extending the "mortgage tax exemption" that will expire at the end of this year, we will consider reducing the deduction rate, which is 1% of the loan balance, and handling the borrowing limit that is eligible for deduction. I am doing it.
Furthermore, in order to mitigate the effects of the new coronavirus, whether or not to end the property tax burden reduction measures that are being implemented only this year as planned, digitization, and collaboration between large companies and venture companies Incentives to boost the situation will also be discussed.
The Liberal Democratic Party and the Komeito Party are rushing discussions centered on the members of the Tax Commission, and will decide on the ruling party's tax reform outline by the middle of next month.
Wage increase tax system (1) The background is
Behind the government's attempt to strengthen the "wage increase tax system" is the awareness of the problem that the profits earned by companies are not sufficiently returned to employees.
According to the Ministry of Finance's Corporate Enterprise Statistics Survey, retained earnings, so-called "retained earnings," left by companies other than finance and insurance have continued to increase even in the corona storm, exceeding 484 trillion yen last year9. It has set a new record high for the year in a row.
On the other hand, according to the OECD (Organization for Economic Co-operation and Development), wages in developed countries have risen for the past 30 years, but have remained almost flat in Japan.
Prime Minister Kishida will promote a virtuous cycle of growth and distribution by widely encouraging employee wage increases through the drastic strengthening of the "wage increase tax system" and increasing "individual consumption", which accounts for more than half of GDP = gross domestic product. I want to create an idea.
Wage increase tax system (2) Challenges
政府はこれまでも、税制を通じて企業に賃上げを促す「賃上げ税制」を行ってきました。
2013年度、デフレ脱却を目指していた当時の安倍総理大臣が経済界に賃上げを呼びかけた「官製春闘」の流れを税制面からも後押しするため創設されました。その後、この税制は、適用要件などを見直しながら現在まで続いています。
今の仕組みを見てみますと、大企業や中堅企業の場合、新卒や中途で採用した従業員の給与やボーナスの総額が、前の年度より2％以上増加していた場合、「支給額」の15％分が法人税から差し引かれます。
また、中小企業については、従業員全員の給与やボーナスの総額が前の年度より1.5％以上増えていれば、「増加額」の15％分が法人税から差し引かれます。
ただ、「賃上げ税制」が適用された実績を見ると、実効性の乏しさが浮き彫りとなります。
国内には企業などの「普通法人」の数が、令和元年度で276万社ありますが、財務省によりますと、減税措置が適用された法人数は、ここ数年、毎年13万社程度と、単純計算で、全体の4％余りにとどまっています。
また、中小企業の60％余りが赤字で、法人税を納めていないため、減税の恩恵を受けにくいという問題もあります。
さらに、企業が賃上げを行った場合、上げ幅に応じて企業が支払う社会保険料も増えるなど、将来にわたって人件費が増加していくことが見込まれます。
このため企業からは、「賃金は、一度上げると下げにくい。業績が伸びるという将来の見通しが立たなければ、賃上げには慎重にならざるをえない」という声も聞かれます。
The Liberal Democratic Party's chairman of the tax system investigation, Miyazawa, said in an interview with NHK and others, "It has been a trend to clear the application standard of the wage increase tax system by raising the bonus. I feel that it was a tax system. In the tax reform discussed this time, the tax system must be such that companies want to raise wages considerably. " I emphasized that I wanted to.
Next year's tax reform will ask whether we can show effective concrete measures to overcome these issues.
Wage increase tax system (3) Severe voices from small and medium-sized manufacturers
Severe voices such as "I haven't seen the reality" have been raised by small and medium-sized manufacturers who continue to be affected by the new coronavirus.
The 58-year-old manufacturer in Ota-ku, Tokyo, is engaged in the molding of plastic parts and mainly manufactures parts for automobiles.
Although the infection situation of the new coronavirus has settled down, major automobile manufacturers have decided to significantly reduce production due to the influence of global semiconductor shortage etc., and the monthly sales have continued to decrease by about 30% from the usual year. increase.
It is said that this is the second largest decline after the Lehman shock and the Great East Japan Earthquake, which were hit hard in the past.
Under these circumstances, the company has been working to develop new business partners other than automobile manufacturers since last year.
We are paying attention to the fields of medical care and health.
Of these, health appliances, which are said to have the effect of lowering blood pressure by holding them for a certain period of time, are one of the products that are currently receiving more orders, and the company is responsible for manufacturing and assembling the plastic parts used in the appliances. I am.
In the future, we would like to expand our sales channels to other than automobile manufacturers with a view to overseas.
Moriya Takemoto, 59, president of Nissin Kogyo, said, "When the automobile industry is stable, a large amount of products flow over a long period of time. It is difficult to get a production situation like a roller coaster from the standpoint of being able to do so. I wanted to develop jobs in new fields other than automobiles, such as the medical industry, which is strong and stable in an emergency. "
Wage increase "Government does not see reality"
On the other hand, we are in a negative position to the "wage increase tax system" such as raising tax credits to support companies that are willing to raise wages.
Regarding the reason, President Takemoto said, "The company's sales will increase, profits will be generated, and it will be reflected in the salaries of employees for the first time, so if sales and profits are uncertain, even if you want to raise wages, you can not do it. That's the truth. To be honest, "Don't rush into the management of a company," the government doesn't seem to see the reality. The first thing to do to recover the economy is not to raise wages. I don't know about that. "
On top of that, "Everyone is doing their best, so I have a desire to raise wages, but that is not the case now. Instead of a growth strategy that has come to mind, I think about what is needed to support the manufacturing industry, for example. Without it, I don't think there will be any countermeasures. "
Wage increase tax system (4) Experts
Regarding the "wage increase tax system," Hideo Kumano, chief economist at Daiichi Seimei Keizai Kenkyusho, said, "Supporting wage increases as a distribution strategy is an indispensable theme. In the first place, there is no room to raise the wages, and the benefits cannot be achieved by just reforming the tax system. Although this economic measure was not enough, I think that there will be problems because wages cannot be raised without the growth strategy of small and medium-sized enterprises. It is important to come up with a growth strategy for small and medium-sized enterprises. "
Mortgage tax cut
Next year's tax reform will also focus on the treatment of "mortgage tax breaks," which will expire at the end of the year.
In the mortgage tax reduction, 1% of the loan balance at the end of the year is deducted from the income tax for 10 years, but since this system will expire at the end of the year, the government and the ruling party will review the system on the assumption that it will be extended. It is a policy to consider.
According to the system, if the low interest rate environment is prolonged, if you take out a mortgage with an interest rate of less than 1%, you will receive more deductions than interest payments, which leads to unnecessary use of loans. Is also out.
Let's take a concrete look.
If the loan balance at the end of the year is 40 million yen, the current system with a deduction rate of 1% will allow you to receive a tax credit of 400,000 yen per year.
However, if you take out a mortgage with an annual interest rate of 0.4%, the interest expense will be 160,000 yen per year, so you will be able to receive a deduction of 240,000 yen more than the interest you actually paid.
For this reason, the chairman of the tax system investigation of the LDP emphasized that "the problem of mortgage tax deduction is that there is a'profit tax'that benefits from tax, and it must be done", and the tax system investigation committee said at the end of the year. We are going to discuss a reduction in the deduction rate, which is 1% of the loan balance at the time.
In addition, the borrowing limit subject to deduction has been expanded to 40 million yen for general housing due to the increase in the consumption tax rate, but it is expected that the handling of this limit will be considered.
In addition, in the case of houses that meet certain environmentally friendly standards, such as improving heat insulation performance, measures are being taken to increase the borrowing limit by up to 10 million yen, and such preferential treatment will also be discussed.
On the other hand, even if the deduction rate is reduced due to the tax reform, the deduction rate for people to whom the current tax system is applied will be maintained.
Tax system to reduce the burden of the impact of the new corona
As the effects of the new coronavirus continue to prolong, tax systems that reduce the burden on individuals and businesses in difficult situations will also be discussed.
▽ "Emergency small-lot funds" and "comprehensive support funds" that allow people with reduced income to borrow living expenses If a person in a
household exempt from residence tax who borrowed living expenses is exempted from repayment, it is considered to be income. It is subject to income tax, but we will consider whether to exclude it.
▽ "Aircraft fuel tax" on domestic fuel.
In order to support the aviation industry, where passenger demand continues to decline, we have introduced special measures to reduce the price to 9000 yen per kiloliter only this year, but we will discuss whether it will continue at the same amount next year.
Special tax measures
In addition, the focus will be on the treatment of "special tax measures," which are measures to specially reduce corporate tax that will expire at the end of this fiscal year.
▽ The government is promoting the spread of the new communication standard "5G" as a core infrastructure that is expected to solve social issues in situations such as smart factories, telemedicine, and disaster prevention.
Currently, tax reduction measures such as deducting 15% of the investment amount from corporate tax have been introduced for companies that promote the introduction of 5G and accelerate digitization, but regarding the extension of this measure and the level of deduction amount, etc. It is expected to be discussed.
▽ Amid the prolonged impact of the new Corona, corporate business restructuring has become an issue, with large companies and venture companies collaborating to create new services.
Currently, if a company invests more than a certain amount in a venture company that is expected to grow, measures are being taken to deduct 25% of the investment amount from taxable income, but we will consider expanding this measure. ..