{
  "id": 4816163,
  "title": "Gov’t Scraps Plan to Cut Basic Deduction for Nonresident Owners of Only 1 Home",
  "url": "https://urgent.news/2026/09/01/govt-scraps-plan-to-cut-basic-deduction-for-nonresident-owners-of",
  "topic": "world",
  "section": "World",
  "published": "2026-09-01T07:00:59.000Z",
  "source": {
    "name": "KBS World Radio",
    "slug": "kbs-world-radio",
    "url": "https://world.kbs.co.kr/service/news_view.htm?lang=e&Seq_Code=203970"
  },
  "original_language": "en",
  "account": null,
  "summary": "[Economy] : The government has scrapped its plans to lower the basic deduction under the comprehensive real estate tax for people who own only one home but don’t live there, while the ceiling on the tax burden will remain at the current 150 percent. The Ministry of Finance and Economy said Tuesday that eleven tax ... [more...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}