Blue House Says Capital Gains Tax Deferral to End May 9

Blue House says capital gains tax deferral to end May 9

Presidential office said that President Lee Jae-myung has reaffirmed his plan to end the temporary suspension of higher capital gains taxes on May 9.

Cheong Wa Dae says exemption of heavy capital gains tax for multiple home owners to end in May

Cheong Wa Dae said Monday an exemption of heavy capital gains tax for owners of multiple homes will expire on May 9, in line with President Lee Jae Myung's strong resolve to stabilize the property market. "It is clear that the exemption will end on May 9, as the president has repeatedly stressed on social media platforms," presidential spokesperson Kang Yu-jung told reporters, quelling media speculation about a further extension of the tax break…