Former Policy Committee Chairman Park Wan-joo “Considering easing of transfer tax”
Park Soo-hyun “Issues to be considered by the next government” after drawing a line
[서울=뉴스핌] Reporter Lee Young-seop = The party government is once again in conflict over the issue of temporary relief of capital gains tax for multi-family dwellings.
At a press conference on the 30th of last month, Park Wan-joo, chairman of the policy committee of the ruling Democratic Party, said, “We are reviewing” a reporter’s question about the easing of capital gains tax for multi-homeowners.
Chairman Park explained, “The lock-up phenomenon has been going on for a long time.” He added, “President Lee Jae-myung is also talking about lowering the transaction tax instead of raising the holding tax.”
|[서울=뉴스핌] Reporter Lee Hyeong-seok = Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki (left) and Park Wan-joo, chairman of the ruling Democratic Party’s policy committee, shake hands before the budget discussion at the National Assembly in Yeouido, Seoul on the 30th. 2021.11.30 firstname.lastname@example.org|
Kim Seong-hwan, senior vice president of the floor, also said in an interview with MBC radio, “It is difficult to sell a house because it is a situation where you have to pay a lot of tax in the process of transferring a house. “He said.
As the Democratic Party continued to say that it was considering easing the transfer tax for multi-family homes, the Ministry of Strategy and Finance and the Ministry of Land, Infrastructure and Transport publicly expressed their opposition by issuing explanatory materials.
In an explanatory document titled ‘Government’s Position on Relief of Capital Gains Tax for Multi-Households,’ the government is concerned that the side effects will be greater if the government postpones the heavy capital gains tax* “I want to make it clear that there is no discussion about the transfer tax relief for multi-family homeowners within the government, and there is no implementation plan,” he said.
Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki also held a meeting of the Emergency Economy Central Countermeasures Headquarters on the 2nd and said, “Yesterday (1st), some media reported that ‘the National Assembly and others are considering a plan to temporarily cut the transfer tax for multi-homeowners’.” In this regard, I would like to state clearly that there has been no discussion within the government and there is no plan for implementation.”
“Recently, the trend of stabilizing the housing market has continued and the number of properties for sale is increasing,” he said.
He also said, “I am concerned about the side effects such as causing the feeling of deprivation of homeless people and single-homeowners,” he said.
Park Soo-hyun, senior presidential secretary for public communication at the Blue House, also said in an interview with KBS’ YouTube ‘D-Live’ on the 2nd, “This is not a talk that came out at the level of the Democratic Party’s party, it was only briefly discussed as a personal opinion.” drew
He said, “If you monitor the real estate market now, the rate of increase in housing prices is slowing down, and prices are falling in some areas such as Sejong. pointed out
The government has been implementing heavy transfer tax measures for multi-homeowners since June 1. The transfer tax has been raised from 40% to 70% if the house is sold after holding it for less than one year, and to 60% if the house is less than two years old. In addition, 20% points are added to the basic tax rate for 2 homeowners and 30% points for 3 homeowners, raising the maximum transfer tax rate to 75%.