The government decided to implement the policy to strengthen the comprehensive real estate tax and capital gains tax scheduled for June 1.
It is also planning to intensively check whether the contracts for loans with conditional housing disposition and conditional transfer are fulfilled.
The Ministry of Strategy and Finance, the Ministry of Land, Infrastructure and Transport, the Financial Services Commission, the National Tax Service, and the National Police Agency held a joint briefing on the status of real estate policy promotion and future plans at the Government Complex Sejong on the 18th.
The Ministry of Science and Technology confirmed that “we will strictly implement the policy package, such as strengthening the tax system already prepared, and carefully review the related tax system.”
This means that it will implement the revisions of the existing tax laws, such as the increase in the tax rate to be implemented as of June 1 of this year and the reinforcement of the transfer tax for multi-homed people and short-term holders of less than two years.
The government strengthened the tax burden at each stage before acquisition, possession, and disposal through measures such as June 17 and July 10 last year.
Of these, the increase in the tax rate for multi-homed people (0.6-3.2% → 1.2-6.0% for multi-homed people) will take effect on June 1 of this year.
Also in June, measures to increase the transfer tax median tax rate for multi-homed people in the area subject to adjustment from 10 to 20% points to 20 to 30% points, and to 60 to 70% for houses held for less than two years and for members’ residence rights and sale rights, respectively. Sleep on the 1st.
The financial authorities plan to continuously check the status of financial companies’ compliance with loan regulations and take strict measures to counteract the disruption of the housing market through expedient loans.
In particular, from this year, we decided to focus on whether or not to implement the agreement, taking into account the fact that the contract fulfillment date for the existing conditional loans for housing disposal and relocation is coming in earnest.
The policy is to strengthen the rein of regulations regarding credit loans, which have increased from the second half of last year.
The financial authorities apply the total debt principal repayment ratio (DSR) on a per borrower basis to high-income people’s large credit loans (borrowers with an annual income of 80 million won or more), and within one year when handling credit loans exceeding 100 million won. Regulations are being applied, such as prohibiting home purchases.
The IRS continues to block tax evasion related to real estate transactions.
The Ministry of Land, Transport and Maritime Affairs plans to analyze the sources of funding for high-priced housing acquirers, high-priced jeon tenants, and multi-home acquirers using data on tax evasion suspicion and internal taxation information and actively discover new types of tax evasion.
The police intensively crack down on illegal activities in the apartment sales market.
The policy is to track and arrest habitual actors such as brokers until the end and process them, and to confiscate and collect criminal proceeds through thorough tracking.
“We are sorry for the fact that the market stabilization has not yet been settled in the process of establishing new systems,” said Vice Minister of the Ministry of Science and Technology. .
/yunhap news