SBS News

Comprehensive Real Estate Holding Tax to Rise for Ultra-High-Value and Non-Owner-Occupied Homes; 1 Billion Won Cap on Long-Term Holding Deductions Introduced Comprehensive real estate holding taxes will be increased for ultra-high-value and non-owner-occupied homes, while the long-term holding special deduction for capital gains tax will be capped at 1 billion won. SBS Aug 3, 2026 6:47 PM

Comprehensive Real Estate Tax to Rise for Homes Valued Over 3.5 Billion Won, Surging Past 4.6 Billion Won With the comprehensive real estate holding tax system being overhauled starting next year, tax burdens are projected to increase for homes with a market value exceeding 3.5 billion won. SBS Aug 3, 2026 6:47 PM

Comprehensive Real Estate Holding Tax to Be Streamlined Based on Property Value... Basic Deduction for Single-Home Owner Occupants Raised to 1.4 Billion Won Namsan The taxation system for the Comprehensive Real Estate Holding Tax is shifting its focus from the number of homes owned to the total value of the properties. SBS Aug 3, 2026 6:45 PM

Cap on Tax Evasion Informant Rewards Lifted to Encourage Reports The government is lifting the reward cap for reporting tax evasion or hidden assets of tax delinquents to tax authorities. SBS Aug 3, 2026 6:27 PM

Income and Corporate Taxes Down, Comprehensive Real Estate Tax Up: 3.4 Trillion Won Revenue Effect Over 5 Years While income and corporate taxes are expected to decrease due to expanded earned income tax credit payments and strengthened tax deductions for regional investments, the comprehensive real estate tax is predicted to increase by a larger margin. SBS Aug 3, 2026 6:27 PM

Capital Gains Tax Heavy Surcharge Reverses Course as Comprehensive Real Estate Tax Rises Heavy taxation was reinstated on May 10 of this year after a four-year grace period ended. SBS Aug 3, 2026 6:27 PM

Crackdown on 'Stock Price Suppression' Trick: Tax Assessed with 30% Higher Valuation Upon Detection The objective is to extend the stock valuation period and levy taxes based on the "normal price" rather than the "suppressed market price." The Ministry of Economy and Finance announced the "2026 Tax Revision Plan" containing these measures today . SBS Aug 3, 2026 6:25 PM

Youth ISA to Offer Full Tax Exemption on Interest and Dividends to Build Assets The government is introducing a Youth-exclusive Comprehensive Individual Savings Account to support asset building for young people. SBS Aug 3, 2026 6:05 PM

Deputy Prime Minister: "Lowered Tax Burden for Single-Home Owners with Properties Worth 3.0 Billion Won or Less" Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol announced the 2026 tax code revision plan at the Government Complex-Sejong today . SBS Aug 3, 2026 6:05 PM

"A House Is a Place to Live in, Not to Buy for Investment"... What Are the Completely Changed Comprehensive Real Estate Holding Tax Standards? Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol announced the 2026 tax reform plan at the Government Complex-Sejong today . SBS Aug 3, 2026 6:04 PM