Chairman Woo designates 35 budget bills, including the Income Tax Act.

National Assembly Speaker Woo Won-sik has designated 35 bills, including the Income Tax Act and the Corporate Tax Act, as subsidiary bills for next year's revenue budget.

The National Assembly speaker's office issued a press release and said Woo notified the competent standing committee and the Legislative and Judiciary Committee of the designated revenue bill, including 28 amendments to the tax law, including the inheritance tax and gift tax law.

According to the National Assembly Act, if designated as a revenue bill, the National Assembly's Special Committee on Budget and Accounts and the competent standing committee must be reviewed by tomorrow (30th), and if it passes the deadline, it will be automatically submitted to the plenary session along with next year's budget.