Related posts · 4 posts

Two people sell the same home after the same ten years. One pays 2.62m, the other 14.23m. Holding is not what separates them.

Sell above KRW 1.2bn as a one-home household and a sixth step appears — apportionment. It is why crossing the line does not mean a big bill.

Almost every write-up says “here is what changes from 2027.” But this goes to the National Assembly on 3 September. One axis runs through all of it — not how long you held the home, but how long you lived in it.

Income Tax Act art.110 turned up a rule the earlier version missed: two or more preliminary returns in a year revive the final-return duty.