Due to the increase in the published price… “Concerns about a surge in the holding tax” vs. “You have to pay as much as your home price rises”

I’m not saying anything about the imposition of the jong tax, etc… Controversy in cafes related to Internet anti-freeze

Political power is also a battle…野 “Tax bombs on soaring home prices” vs. “Special cases inflate and generalize”

Increased public price of high-priced housing (PG)
Increased public price of high-priced housing (PG)

[권도윤 제작] illustration

(Seoul = Yonhap News) Reporter Kim Dong-gyu = As the government unveiled the publicly announced price plan for apartments and other apartments this year, complaints are growing, mainly among high-priced apartment owners, such as those subject to comprehensive real estate tax (deposit tax).

With the forecast that the holding tax will increase significantly by about twice that of last year due to the increase in the official price due to the increase in the house price and the increase in the tax rate, there are voices everywhere, saying, “It was hit by a tax bomb.”

In particular, the complaints of retirees living on pensions without earned income or new one-households who are subject to paying the tax tax are fierce.

On the other hand, considering that the asset value of high-priced homeowners has increased by hundreds of millions of dollars due to the recent surge in house prices, it is natural that the tax will increase, but there are also voices criticizing “I worry about being full.”

◇ “I don’t speculate, but I’m also subject to the tax tax?”… Anti-sensitivity to taxation on unrealized profits

Since the 15th, when the government announced that it will raise the public housing price of apartments by more than 19% this year, there have been reports of concern that the burden of ownership tax will also increase in the Internet real estate-related community.

Mr. A, who introduced himself as one house owner in Dogok-dong, Gangnam-gu, Seoul, said, “This year, (the public price) has risen by more than 25%. There is also a saying that it would be good for the house price to rise. “The percentage doesn’t go up, but the tax goes up to heaven,” he said.

Mr. B, who was the first to pay the tax tax this year, said, “Isn’t the tax paid for people living in a marble complex on the Han River view in Gangnam?” and “I don’t know why I pay a’rich posture’ with just a house in Seoul. “I’m going to be mistaken for a person who earns 10 million won per month while living in Jamsil, Seocho, Gangnam.”

Increased public price increases tax burden for one household and one homeowner
Increased public price increases tax burden for one household and one homeowner

(Seoul = Yonhap News) Reporter Ryu Hyo-rim = The number of homes subject to comprehensive real estate tax imposition based on one house per household has increased by more than 215,000 units from last year. According to the Ministry of Land, Infrastructure and Transport this year, a total of 524,620 housing units nationwide and 412,000,970 units in Seoul exceeded 900 million won, which is subject to the tax on the basis of one house per household. The photo shows a downtown apartment complex as viewed from Eungbongsan Mountain in Seoul on the 16th. 2021.3.16 [email protected]

Mr. C said, “I feel bad that I was subject to punitive taxation even though I didn’t speculate. Is it wrong considering the purpose of the law?”

According to a simulation analysis of the ownership tax of the Ministry of Land, Infrastructure and Transport, the ownership tax for apartments with an official price of 900 million won this year rises from 1.82 million won last year to 2.37 million won this year, and the ownership tax of apartments with an official price of 700 million won this year increases by 30% from 1.23 million won last year to 1.6 million won this year.

For apartments with an official price of 2 billion won (approximately 2,67 billion won), which is subject to the final tax, the total ownership tax burden increases by 44.6% from 10 million won last year to 14.46 million won this year.

In internet cafes and the like, there is no big disagreement on the heavy taxation for multi-homed people in expensive apartments, but many opinions that it is necessary to be cautious about imposing the taxation tax on single-homeowners in a situation where the overall price of the house has increased a lot.

In particular, there were many articles expressing antipathy to the way of taxing unrealized profits.

Mr. D argued, “When you sell a house, you will be willing to pay a tax on profits of hundreds of billions of dollars, but it is not that your income has increased further, but it is difficult to pay for the increase every year because of the housing price you could afford at first,” said Mr. D. .

Mr. E also responded, “The house price has risen, but the profits have not been realized, but it seems that it is not normal to double the property tax and the taxation tax. If you pay the transfer tax, you will do everything.”

◇ “It’s a strange logic that even if house prices go up, taxes shouldn’t go up”… Political power is also’workshop’

There are also many articles saying that this backlash cannot be understood. It is the logic that tax increases due to the increase in asset value are natural.

In the real estate café, criticism from the enviable article saying, “The house price has risen so much that I want to pay for it once. I want to pay it out”, criticizes that it is a strange logic that the house price should rise, but the tax should not rise, and controversy arose. I also lost.

There were mixed positive and negative evaluations about the government’s reduction in the burden of holding tax by applying a special property tax rate for three years from this year to one homeowner with an official price of 600 million won or less.

Increased public price increases tax burden for one household and one homeowner
Increased public price increases tax burden for one household and one homeowner

(Seoul = Yonhap News) Reporter Ryu Hyo-rim = The number of houses subject to the comprehensive real estate tax imposition based on one household and one house has increased by more than 215,000 units from last year. According to the Ministry of Land, Infrastructure and Transport this year, a total of 524,620 housing units nationwide and 412,000,970 units in Seoul exceeded 900 million won, which is subject to the tax on the basis of one house per household. The photo shows a downtown apartment complex as viewed from Eungbongsan Mountain in Seoul on the 16th. 2021.3.16 [email protected]

According to a simulation analysis by the Ministry of Land, Infrastructure and Transport, the official price of apartments with a current market price of 860 million won this year is 600 million won, a 30.4% increase from last year (460 million won), but the ownership tax is 9,34 million this year from 1017,000 won last year. It goes down 8.2% (82,000 won) to 1,000 won.

The government is promoting that 92.1% of the total number of apartments with an official price of 600 million won or less out of the 14.25,000 apartments nationwide is “reducing the burden of ownership tax for most households.”

Regarding this, Mr. F said, “It is said that some of the tax targets are subject to the final tax now, but if the publicly announced land price is reflected up to 90% of the market price by 2025 as planned by the government, most of the apartments in Seoul will be subject to the tax tax.”

Political circles also fought over the issue of raising public prices and holding tax.

On the 16th, at the in-hospital countermeasures meeting on the power of the people, criticism came out that the Moon Jae-in administration exploded a’tax bomb’ by raising the publicly announced apartment prices across the country without preventing a surge in house prices.

On the other hand, Kim Tae-nyeon, representative of the Democratic Party, said on the day, “Some conservative media say that the tax bomb has become a reality due to the increase in public prices. Refuted.

[email protected]

Source