Will it be’definite tax = Seoul tax’… 1 out of 4 apartments in Seoul will pay the final tax: Gyeonggi Yonhap News

▲ Rep. Eun-Hye Kim (Power of the People/Bundang Gap) © Lee Don-gu

[경기연합뉴스=이돈구기자] This year, the rate of increase in public housing prices for apartments and other apartments reached the highest level (19.08%) since 2007 (22.7%) during the Roh Moo-hyun administration, and it was confirmed that the burden on the middle class in Seoul increased significantly.

In particular, the government stated that the proportion of apartment houses with a public announcement of 900 million won or more, which is subject to the comprehensive real estate tax (hereinafter referred to as the tax) in Seoul, is 16%. In the end, one out of four apartments in Seoul is subject to the tax tax, and criticism continues to say that it is a’Seoul tax’.

According to the’National Apartment Quantity Data by Section of Public Housing Disclosure Price Section’ submitted by Rep. Eun-Hye Kim (Power of the People) of the National Assembly’s National Land Transport Commission, the proportion of apartments with a public announcement of 900 million won or more in Seoul in 2021 (40,6167 houses). Was found to be about 24.2% of the total publicly disclosed apartments (168 million,864 units) in Seoul. The rate was 12.37% in 2019 and 16.8% in 2020. Multi-family housing includes apartments, row houses, multi-family houses, and dormitories.

When looking at apartments subject to the tax tax by region, the proportion of Seoul occupied 80%, some point out whether it is actually a tax targeting Seoul. Of the 5,15,084 apartments with a national disclosure price of more than 900 million, Seoul accounted for 4,06167, accounting for 78.9%. The corresponding proportion was Gyeonggi-do (15%), Busan (2.4%), and Incheon (0.2%), which were quite low in other regions. The tax is classified as a national tax, so the tax source belongs to the government, not to the municipality or municipality.

The number of apartments subject to tax tax is increasing rapidly in quantity. This year, the number of apartments (4,06,167) with a public disclosure of more than 900 million won in Seoul this year increased by more than 120,000 compared to the previous year (275,959), and the increase rate reached 47.2%. Last year, the number of apartments with a publicly announced price of 900 million won or more increased 38.2% compared to the previous year (199646 units), widening the scope of tax payments.

Even considering the peculiarity that the tax is levied on a per-person basis, considering that the burden of multi-homeowners is high, there is a high possibility that the number of houses that should be included in the actual taxation will increase.

In the case of multi-homed people, multi-homed people are levied starting from the case where the total public announcement amount is 600 million won or more. Considering the Ministry of Land, Infrastructure and Transport’s announcement that multi-homed people pay 82% of the total real estate tax notified last year (1,8148 billion won) It is expected that the number of houses of 600 million to 900 million won, which must be included in the tax for the property, is expected to be included as a possession.

Rep. Kim Eun-hye said, “The comprehensive real estate tax, which was paid by the top 1%, has been transformed into a middle class tax in the current government. In particular, as the official price rose this year, the citizens of Seoul are in a state of fear of taxes.” He said, “The tax bomb will have a negative impact on the recovery of the domestic economy as well as the home.

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