South Korea will reinstate higher capital gains taxes on multiple-home owners from May 9, with rates up to 82.5% in regulated areas, as the Cabinet approves key tax law amendments and extends fuel tax cuts.
#YonhapInfomax #CapitalGainsTax #MultipleHomeOwners #MinistryOfEconomyAndFinance #RegulatedAreas #FuelTaxCut #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106522
Cabinet Approves Amendment to Reinstate Higher Capital Gains Tax on Multiple Homeowners

South Korea will reinstate higher capital gains taxes on multiple-home owners from May 9, with rates up to 82.5% in regulated areas, as the Cabinet approves key tax law amendments and extends fuel tax cuts.

Yonhap Infomax
The Financial Services Commission (FSC) will allow a 70% LTV cap for mortgage refinancing in regulated areas from October 27, easing burdens for borrowers amid stricter lending rules.
#YonhapInfomax #FinancialServicesCommission #LTV #MortgageRefinancing #RegulatedAreas #BorrowerBurden #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87221
FSC to Apply 70% LTV Cap on Mortgage Refinancing in Regulated Areas

The Financial Services Commission (FSC) will allow a 70% LTV cap for mortgage refinancing in regulated areas from October 27, easing burdens for borrowers amid stricter lending rules.

Yonhap Infomax
South Korea's Land Minister announces potential expansion of regulated areas and speculative overheated districts amid rising housing prices, emphasizing preemptive market stabilization measures and increased housing supply efforts.
#YonhapInfomax #LandMinister #HousingMarketStabilization #RegulatedAreas #SpeculativeOverheatedDistricts #HousingSupply #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54693
Land Minister - 'Actively Considering Expansion of Regulated Areas and Speculative Overheated Districts'

South Korea's Land Minister announces potential expansion of regulated areas and speculative overheated districts amid rising housing prices, emphasizing preemptive market stabilization measures and increased housing supply efforts.

Yonhap Infomax