Real Estate Tax Reductions, Malignant Unsold Units, and Construction Woes: A Overview of Current Real Estate Issues
Drastic Reduction in Comprehensive Real Estate Tax Payers A staggering 66.6% reduction in comprehensive real estate tax payers has been reported by the National Tax Service. This year, only 410,000 homeowners, representing 2.7% of the total, are subject to comprehensive property tax, compared to 1.2 million last year. This represents the largest decrease since the […]
Inheritance and gift tax enhanced 2.1 periods throughout Moon’s administration
The photograph exhibits the Nowon-gu apartment advanced as witnessed from the Aspiration Buk Seoul Forest Observatory in Gangbuk-gu, Seoul on September 2nd. [사진=유대길 기자 dbeorlf123@ajunews.com] Through the 5 years of the Moon Jae-in administration, the in depth real estate tax has greater 3.5 occasions. According to authorities officers on the 10th, the Ministry of Technique […]
“Tax-no cost 1.1 billion VS 1.4 billion” … 45% of the apartments in Seoul are in the Gangnam 4 region
◀ anchor ▶ Let’s just take a nearer appear at the crucial troubles that the opposition and opposition parties have not agreed on. The governing administration has currently amended the enforcement ordinance in July and minimize the tax on the estate tax in 50 %. What the opposition and opposition get-togethers did not agree on […]
[집잇슈]Concerns about ‘taxation’, which rose on the operating table, to stimulate house prices?
The comprehensive real estate tax (special property tax), which was strengthened under the Moon Jae-in administration, has come to the fore. Both parties are busy coming up with mitigation measures. In some areas, there is a movement to “neutralize” the tax, such as filing lawsuits one after another saying that the tax is unconstitutional. The […]
Property tax also fell by half – “Normalize taxation, not tax cuts for the rich”
◀ anchor ▶ The government has also decided to drastically cut the comprehensive real estate tax and property tax. If you calculate according to the government announcement, the comprehensive real estate tax that multi-homeowners will pay this year is less than half of the original tax. Although the government has announced that it is a […]
Multi-homeowners, betting on ‘house price increase’ after receiving a property tax? ‘Hold on’ until how long
Although the base date for the taxation of possession tax (property tax + comprehensive real estate tax) has passed on the 1st of next month, the transaction drought in the real estate market continues. Although the government opened the door for transactions by easing the capital gains tax for multi-homeowners, it is interpreted that they […]
Won Hee-ryong, “We need to review whether the re-choice and division system is right… Various tax reforms are also necessary”
“It is necessary to recover excessive market tax and development profits, but we need to review whether the current system is correct.”Tax reform is also required. Won Hee-ryong (middle), a candidate for the Minister of Land, Infrastructure and Transport, visits the construction site of Section 6 of the GTX project in Seongdong-gu, Seoul on the […]
‘Excessive levy tax’ error increases… “After the 9/13 measures, we need to check the completed housing”
Real Estate Market Association 0 photo = Yonhap News Cases of suspected errors are increasing, such as excessively levied comprehensive real estate tax. Most of these cases were found to be derived from the 9.13 measures. According to the tax industry on the 7th, it was revealed that there were a number of cases suspected […]
(Real estate tax round ①) Concerns about ‘tax bomb’… Expensive single house ‘hundreds of thousands of won’ increase only
[뉴스토마토 조용훈 기자] Concerns are growing over the tax burden as the government announces that it will send out comprehensive real estate tax (special property tax) bills for this year. According to the National Tax Service on the 21st, the government will send out comprehensive real estate tax payment notices and notices for this year […]
Whether or not to raise the base rate next week and a tax notice to be sent
(yunhap news ) Next week, the Monetary Policy Committee of the Bank of Korea (hereinafter referred to as the Monetary Policy Committee), which decides whether to raise the base rate, is scheduled to be held and the comprehensive real estate tax (hereinafter referred to as the tax on property tax) is scheduled to be announced. […]
