Joint government briefing on real estate policy
Ministry of Knowledge Economy “Do not review transfer tax easing”
The Ministry of Strategy and Finance, the Ministry of Land, Infrastructure and Transport, the Financial Services Commission, the National Tax Service, the National Police Agency, the Financial Supervisory Service, and the Seoul Metropolitan Government, at a joint briefing on the real estate market held at the Sejong City Government Complex on the afternoon of the 18th, explained the real estate policy implementation status and future plans. Answering the question. yunhap news
It was found that in the case of selling an apartment with a market price of KRW 2.5 billion with a capital gain of KRW 1 billion after June when the transfer tax plan was implemented, an additional transfer tax of about KRW 110 million would have to be incurred. The government has condemned that there is no retreat in the policy during the transfer tax in effect on June 1 this year. On the 18th, the Ministry of Strategy and Finance and the Ministry of Land, Infrastructure and Transport held a joint briefing at the Government Complex Sejong to disclose the performance of real estate policies such as housing supply, taxation, and loan regulations. Regarding the tax system, it has announced that it will implement the policy to strengthen the intensive transfer tax and comprehensive real estate tax, which will be applied from June 1, without change. From June 1, the tax rate will be doubled from 0.6-3.2% to 1.2-6.0% for those with two houses in the adjusted area and three or more houses in an unregulated area. In the case of one homeowner and two homeowners in an unregulated area, the increase is slightly increased from 0.5 to 2.7% to 0.6 to 3.0%, but the increase is large. Corporate-owned homes are subject to a maximum tax rate of up to 6%, and the basic deduction and the upper limit on detailed charges are also abolished. The transfer tax is higher than the basic tax rate (6~45%) for multi-homed people in the target area. If the heavy transfer tax and measures to strengthen the taxation tax are implemented as a package, the housing yield rate of multi-homed people with high-priced housing is expected to change significantly. According to the results of the simulation of the detailed bill, it was found that the transfer tax increased by 110 million won if it was transferred after implementing the mid-term plan and transferred a house in Seoul with a current market price of 2.5 billion won by purchasing it for 1.5 billion won. (2) If the homeowner transfers this house by May 31, the transfer tax will be 531 million won, but after June 1, it will be 644 million won. In the case of three or more houses, the increase is increased from 641 million won to 751 million won. The market price of 2.5 billion won (announced price of 2 billion won) The tax for two houses with two houses will more than double from 47 million won this year to 105 million won. The three-year tax burden (315 million won) is comparable to the gains on the transfer of two-homed owners (359 million won) that can be obtained after June. Meanwhile, the Ministry of Knowledge Economy made it clear that there is no easing of transfer tax. Im Jae-hyun, head of the taxation department, said, “It is important to implement the policy as announced, given the consistency and credibility of the policy,” and “We are not reviewing the easing or delay of the transfer tax.” On the 10th, Deputy Prime Minister Hong Nam-ki and Minister of Equipment and Equipment (KBS) appeared in the’Sunday Diagnosis’ and made a controversy suggesting the easing of the transfer tax for multi-homed people, saying, “It is also an important supply policy to let people who currently have four tax bonds sell their property. have. Deputy Prime Minister Hong dismissed the controversy at a meeting of ministers related to the real estate market inspection on the 15th, saying that he would implement policies to strengthen the taxation and transfer tax as planned. By Jin Myeong-seon, staff reporter [email protected]