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Gov't to unveil property tax revision this month: finance minister

Summary by The Korea Times
Korea will unveil property tax revisions later this month as part of its effort to strike a balance between recurrent and transaction taxes, the fi...

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Lean Right

[Ddangjipgo] Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul has signaled that the property holding tax and transaction tax will be reformed together in next year's tax reform plan, which is scheduled for the end of this month. In a telephone interview with MBC Radio's "Kim Jong-bae's Focus" on the 7th, Deputy Prime Minister Koo stated, "We are preparing with the intention of making an announcement around the end of July,…

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The Korea Times broke the news in Seoul, Korea (the Republic of) on Tuesday, July 7, 2026.
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