• 2025.09.07 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Synthesis

South Korea Secures Stable Funding for Fire Departments

KO YONG-CHUL Reporter / Updated : 2024-12-27 13:29:06
  • -
  • +
  • Print


Seoul, South Korea – The National Fire Agency on [date] announced that the passage of the amended Local Allocation Tax Act has solidified a stable funding source for local fire departments.

For the past decade, the Fire Safety Subsidy Tax has been instrumental in modernizing aging firefighting equipment and facilities across the country. The tax has ensured a more equitable distribution of fire services nationwide. While the current funding arrangement was set to expire at the end of this year, the recent legislative changes have extended this vital support.

Numerous bills had been introduced in the National Assembly over the years, proposing to enshrine the allocation ratio of the Fire Safety Subsidy Tax into law, thereby safeguarding the financial stability of fire departments. Following bipartisan agreement, the amended act was passed on [date].

Originally introduced in 2015, the Fire Safety Subsidy Tax was established to address the high incidence of fires caused by discarded cigarette butts (accounting for 22% of all fires). The tax was funded by a portion of the increased tobacco excise tax.

With the nationalization of firefighting services in April 2020, the allocation rate was increased from 20% to 45% to cover the salaries of the newly recruited 20,000 firefighters. Despite consistent investments of at least 75% of the funds into firefighting initiatives since 2014, the sunset clause in the current decree necessitated repeated extensions.

The amended act introduces new provisions to Articles 9-4(1)(1) and (2) of the Local Allocation Tax Act, mandating that at least 40% of the Fire Safety Subsidy Tax be allocated to firefighting personnel and operations, and no more than 5% to general safety measures.

"The passage of this amended act eliminates the recurring disputes over the allocation ratio that have arisen with each sunset clause," said Bae Deok-gon, Planning and Coordination Officer at the National Fire Agency. "This will allow us to focus on enhancing firefighting capabilities through investments in cutting-edge equipment and improved working conditions for our firefighters."

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Artist Jeon Ok-hee Connects Korea and Brazil with Solo Exhibition, 'Journey of Light'

  • Korea and Vietnam Forge Stronger Strategic Ties

  • Hidden Meanings of the Number 18 in Everyday Life and Mathematics

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065587256901936 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Israel Launches Airstrikes on Gaza City After Evacuation Order
  • US "475 people arrested at a Korean company site in Georgia… many are Korean" Official Announcement
  • Danang's Korean Community Takes a Big Leap Toward a New International School
  • Thailand's Political Landscape Shifts as Conservative Anutin Charnvirakul is Elected New Prime Minister 
  • The 10th Ulsan Ulju Mountain Film Festival: A Festival for the Entire Family
  • Russia Urges U.S. to Embrace Arctic Economic Partnership

Most Viewed

1
Mitsubishi Pulls Out of Japanese Offshore Wind Projects Amid Soaring Costs
2
Brazil Weighs Legal Action as U.S. Tariffs Escalate Trade Tensions
3
'K-Pop Demon Hunters' Is This Summer's Unlikely Juggernaut, Captivating U.S. Parents and Surging to Disney-Level Status
4
Jung Hoo Lee's Heroics Propel Giants to Walk-Off Victory
5
US Ends 'De Minimis' Exemption Permanently, No Exceptions for Any Country
광고문의
임시1
임시3
임시2

Hot Issue

'Are you coming to get me?' The Last Plea of a Gazan Girl Resonates at the Venice Film Festival

U.S. Greenlights $32.5 Million in Aid for Nigeria Amid Rising Hunger Crisis

New Ebola Outbreak Confirmed in the DRC, 15 Dead

Nigerian River Tragedy: Overloaded Boat Capsizes, Leaving Dozens Dead

China’s online public opinion manipulation goes beyond Korea

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • 우리방송
  • APEC2025가이드북TV
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE