The Korea Local Administration Review

There are many chemical accidents, causing enormous damages in personal properties and natural environment, in the process of treating toxic substances. Therefore, it requires extra caution while treating those toxic substances. For this reason, Korean government legislated ‘Toxic Chemical Control Act’in 1990, which is comparable to‘The Toxic Substances Control Act of 1976’in the U. S. In this paper, we presents the argument to demand additional public administration arisen by the chemical control of those hazardous toxic substances to prevent chemical accidents. In fiscal decentralization, new tax revenue source is increasingly required for local governments to match up with their expanding expenditure. It naturally induces to discuss new tax revenue source for the fiscal resource that is required for the government toxic chemical administration.
Furthermore, we provide the cases of the poisonous substance accidents those which are related to chemical toxic substances. It also explains local authorities to lay a tax on the toxic substances. Finally, employing‘polluters pays’ principle, this paper presents the new tax levy system to impose a tax on toxic chemical substances.

□ Keywords: Fiscal Decentralization, Toxic Substances, New Tax Resource