Story thread · 2 reports / 2 sources

Gov’t Scraps Plan to Cut Basic Deduction for Nonresident Owners of Only 1 Home

world.kbs.co.kr · 14dShare

[Economy] : The government has scrapped its plans to lower the basic deduction under the comprehensive real estate tax for people who own only one home but don’t live there, while the ceiling on the tax burden will remain at the current 150 percent. The Ministry of Finance and Economy said Tuesday that eleven tax ... [more...]

First report: Gov't to retain basic deduction for single-home owners not living in their homes — en.yna.co.kr, 14d