<Anchor> From
tomorrow (the 8th), a single homeowner whose house price is less than KRW 1.2 billion will not have to pay transfer tax when selling the house. The government was scheduled to enforce the law with this content from next month, but as the market chaos arose, it was decided to apply earlier.
Reporter Han Sang-woo reports.
<Reporter>
Over the past weekend, the real estate agent's office was flooded with calls about transfer tax.
In the case of one homeowner per household, the content of the request was to tell exactly when the standard for exempting transfer tax would increase from the current 900 million won to 1.2 billion won.
[Jaewoo Koo / Realtor: Sellers are worried a lot, so inquiries continue to come in now about whether it is possible to delay the balance a little. It's a situation that hasn't been terrified yet... .]
Closing the contract after the new law takes effect will significantly reduce the transfer tax.
In fact, if a single homeowner who bought an apartment for 700 million won five years ago and lived there sells an apartment for 1.2 billion won, he has to pay a transfer tax of 13.4 million won now.
So, after the law came into force, many people wanted to sell their houses, so the government decided to move up the enforcement date.
It means that we are considering a plan to be decided at the cabinet meeting today and implemented at the same time as promulgation tomorrow.
[Kim Gyu-gyu / Director, Asset Succession Research Institute, Korea Investment & Securities: The number of consumers who want to postpone the contract is also increasing, so the transaction cliff is spreading.
In order to prevent confusion in the trading market, the promulgation date has been
moved
up a little and it can be seen that it will be implemented immediately.] As for the
transfer tax, the earlier of the balance payment date and the previous registration completion date is applied. .
If the law goes into effect as scheduled, one homeowner who received the balance from tomorrow can apply the changed law.