As the government decides to impose an individual consumption tax (opening tax) on non-member golf courses, attention is focused on the impact of the policy. There are predictions that the green fee will be reduced as golf courses that want to enjoy tax benefits are converted to public types, but some are concerned that non-member golf courses will pass on the burden to golfers by raising green fees as much as the increased tax.
On the 18th, the Ministry of Strategy and Finance announced that an individual consumption tax of 12,000 won per person would be imposed on non-member golf courses from July through an enforcement decree following the tax reform. Adding the education tax, special tax for rural development (7,200 won), and value-added tax (1,920 won) to this, the actual tax the golf course has to bear rises to 21,120 won.
As the tax burden on non-member golf courses increases, the industry expects that many golf courses will choose the ‘mass type’. According to the Korea Leisure Industry Research Institute, out of 98 golf courses whose weekend green fees exceed the upper limit of green fees (247,000 won) for large-size golf courses, 62 golf courses, excluding 36 places where green fees are much more expensive, lowered their green fees by 20,000 to 30,000 won and selected the large-size golf courses. predicted that Among golf courses that exceed the upper limit of green fees for public use, there are 36 golf courses with green fees exceeding 280,000 won (upper limit for public green fees + 33,000 won). The Korea Leisure Industry Research Institute speculated that they are highly likely to maintain the non-membership system while receiving expensive green fees. According to this, there are a minimum of 30 and a maximum of 40 non-member golf courses. 바카라사이트
Previously, the government decided on the upper limit of green fees for public golf courses at 188,000 won on weekdays and 247,000 won on weekends through the ‘Announcement on the Designation of Medium-sized Golf Courses’ and enforced them from January 1 this year. A golf course with a higher green fee cannot be designated as a public type.
However, there is a considerable possibility that non-member golf courses will increase green fees as much as the increased opening tax to preserve profits. In this case, the purpose of the government policy to ease the green fee burden of golfers is fading. There are also concerns that individual golf courses will significantly raise food and beverage prices and pass on the burden.
However, experts predicted that it would not be easy for non-member golf courses to raise green fees like this in the recent situation where the Corona 19 special is gradually weakening and the’golf craze’ is fading.
Seo Cheon-beom, director of the Korea Leisure Industry Research Institute, said, “The purpose of establishing a non-member golf course is not to collect more taxes, but to lower the green fee, so I am in favor of imposing an opening tax.” There is a big voice, but it will not be easy to make such a decision in a situation where the recent golf craze has calmed down.”