"Higher Tax Burden for Non-Resident Single-Home Owners & Disadvantages for Joint Ownership... Legislative Process Needs Improvement"

[Joo Young-jin's News Briefing]

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■ Broadcast: SBS "Joo Young-jin's News Briefing" Mon–Fri (14:00–15:20)

■ Host: Anchor Joo Young-jin

■ Panelists: Kim In-man, Head of the Kim In-man Real Estate Economic Institute; Han Moon-do, Professor at the Graduate School of Real Estate Investment Analysis, Myongji University

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● Tax Reform Proposal

Kim In-man / Head of the Kim In-man Real Estate Economic Institute

"The government has encouraged joint ownership, causing confusion."

"Married couples' joint ownership is a fully anticipated issue... It is likely to be sufficiently revised during the parliamentary passage."

Han Moon-do / Professor at the Graduate School of Real Estate Investment Analysis, Myongji University

"The tax reform proposal lacks preparation or countermeasures for foreseeable problems."

"The tax reform proposal was announced too hastily... Even if urgent, checking actual residence should be implemented in the form of supplementary registration."

 For more details, please check the video.

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