For those who purchase a house for the first time in their life, they
announced a plan so that anyone can receive a reduction in
acquisition tax within the limit of 2 million won,
regardless of the house price, without limiting their annual income.
As the range of people who can receive tax relief is gradually expanding, there is an opportunity to reduce the tax burden even if you buy your
own home. Acquisition tax is levied between 1% and 3% of the purchase price of real estate.
When you say 1-3%, you may think it’s a small amount, but even assuming you bought a house worth 100 million won, you have to pay an
additional 1 million won in taxes. Even if it is not high, you can receive a reduction in acquisition tax if you meet a few conditions.
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