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The total amount of Comprehensive Real Estate Tax (Jongbu-se) on housing has exceeded 1.3 trillion won, marking an increase for the second consecutive year.
If the government implements tax reforms this year aimed at strengthening property ownership taxes, the tax burden could rise even further.
According to the National Tax Service's National Tax Statistics Portal on Monday (June 29), the number of people subject to the housing Comprehensive Real Estate Tax last year was 538,439, with a total determined tax amount of 1.30893 trillion won.
Compared to 2024, the number of taxpayers increased by 83,108 (18.3%).
The total tax amount rose by 221.4 billion won (20.4%).
As a result, both the number of taxpayers and the total tax amount have increased for two consecutive years.
The Comprehensive Real Estate Tax was concentrated in Seoul.
Those who had to pay the tax due to housing located in Seoul accounted for 60.7% of the total, or 326,728 people.
In monetary terms, this amounted to 741.1 billion won, representing 56.6% of the total housing Comprehensive Real Estate Tax.
For the 152,654 individuals who own a single home, the so-called "smart single-home" owners, the determined Comprehensive Real Estate Tax amount was 170.6 billion won.
The determined tax amount for 66,873 people who own three or more homes was 206.5 billion won.
The total Comprehensive Real Estate Tax, including both land and housing, was approximately 4.8565 trillion won, an increase of about 393.5 billion won (8.8%) from 2024.
The rise in the Comprehensive Real Estate Tax is interpreted as a result of the increase in government-assessed property prices following the rise in housing prices.
This is because there were no changes to the tax laws related to the Comprehensive Real Estate Tax last year.
Given the trend of rising government-assessed prices, the increase rate for the 2026 Comprehensive Real Estate Tax, which is based on ownership as of June 1 and payable in December of this year, is expected to be even higher.
If property ownership taxes are strengthened in the tax reform to be announced by the government at the end of next month, the pace of the Comprehensive Real Estate Tax increase could become even steeper.
The government plans to finalize its real estate tax reform measures after gathering opinions through events such as the "National Public Debate on Real Estate," which will include officials from relevant real estate ministries, experts, and the general public, in the middle of next month.
(Photo: Yonhap News)
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