Urgent.News

What's breaking now, across thousands of outlets.

World

‘상위 1% 증세’ 29일 만에 후퇴…공정과세 개혁 동력 차질 우려

The government has decided to maintain the basic property tax exemption amount for non-residential single-family homes at the current level of 12 billion won, as a compromise to address the growing disparity in tax burdens between residential and non-residential property owners. However, the proposed reforms introduce a higher tax burden for the top 1% of property owners, raising concerns about the government's commitment to fair taxation.

According to the 2026 tax reform proposal, non-residential single-family home owners will continue to receive a 12 billion won basic exemption, while residential owners will receive a higher exemption of 14 billion won. This change was announced just 29 days after a previous proposal to reduce the exemption to 9 billion won, which was itself only 9 days after a previous request from the Democratic Party for a differentiated exemption for non-residents.

The government's amendment to the tax reform proposal appears to be a response to mounting public concern over the fairness of the tax system.

Written by urgent.news from Hankyoreh's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hani.co.kr →

More in World

More from Tuesday 1 September →