The government is pushing for tax revisions to strengthen the high-priced housing holding tax and suppress capital gains. The criteria for high-priced housing are being discussed around the 3-5 billion won range, and it is expected that actual residents will see little or no change in their tax burden, or even a reduction. The transfer tax deduction system may reduce or abolish the holding deduction and change it based on the residence period. In addition, the government plans to suppress speculative investment in 'one solid house' by redesigning the long-term holding special deduction (long-term special deduction) method and limit. The government is scheduled to discuss the tax revision plan at a ruling party meeting on the 30th and announce it early next month.
