Yonhap Infomax News15h ago
Seoul's Mapo district real estate market freezes as multiple homeowners withdraw listings following capital gains tax surcharge exemption expiration, with brokers warning of supply shortage ahead of peak moving season despite government measures to encourage sales
#YonhapInfomax #MapoRealEstate #CapitalGainsTax #MultipleHomeowners #HousingSupplyShortage #ComprehensiveRealEstateTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120080
Yonhap Infomax NewsSep 5, 2025
Rep. Cha Kyu-geun has proposed lowering the threshold and raising rates for South Korea’s comprehensive real estate tax on land, aiming to expand the tax base and address wealth inequality, as the nation’s land assets far exceed those of other major economies.
#YonhapInfomax #ComprehensiveRealEstateTax #ChaKyuGeun #LandAssets #TaxReform #WealthInequality #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80329
'Proposal to Expand Comprehensive Real Estate Tax on Land'—Rep. Cha Kyu-geun Introduces Amendment to Property Tax Law

Rep. Cha Kyu-geun has proposed lowering the threshold and raising rates for South Korea’s comprehensive real estate tax on land, aiming to expand the tax base and address wealth inequality, as the nation’s land assets far exceed those of other major economies.

Yonhap Infomax