Due to the sudden death of the parents, the number of cases of being hit by a comprehensive real estate tax bomb by becoming a multi-family house because of the house that was inherited by the parents will decrease in the future.
The government is discussing ways to more broadly exclude inherited houses when calculating the number of houses.
According to the government authorities today (13th), the Ministry of Strategy and Finance is internally reviewing the amendment to the Enforcement Decree of the Property Tax Act that includes these contents.
The purpose is to minimize the unfair situation in which the individual's tax burden is skyrocketing due to unexpected home inheritance in a situation where the burden of the estate tax has increased due to the increase in housing prices, the realization of the official price, and the tax rate increase.
The government is looking at ways to more broadly exclude inherited houses when calculating the number of houses in the process of levying the estate tax.
The current Enforcement Decree of the Property Tax Act makes an exception to the calculation of the number of houses when a person who jointly owns a house by inheritance ▲ owns 20% or less and ▲ the published price equivalent to the ownership stake is 300 million won or less as of the tax base date.
In other words, even if Mr. A, who is a single-family home, inherits part of his father's house due to his father's sudden death, if the stake is less than 20% and the price of the stake is less than 300 million won, the number of houses is not added and the status of the owner of the house is maintained. is to do
However, if the inherited share ratio exceeds 20% and the published price exceeds 300 million won, Mr.
In the current property tax system, there is a huge difference between a single house per household and a multi-family house with two or more houses in the area subject to adjustment.
First of all, the tax base of the property tax is 1.1 billion won for a single-family house, but 600 million won for a multi-family house.
In other words, a single-family homeowner is subject to taxation on the amount over KRW 1.1 billion (market price of KRW 1.6 billion), but multi-family homeowners are subject to taxation from the point where the price exceeds KRW 600 million (market price of KRW 900 million).
The tax rate is also more than doubled.
The property tax rate for single-family homeowners is 0.6~3.0%, while the property tax rate for those with two or more houses in the area subject to adjustment is 1.2~6.0%.
For example, the tax rate is 1.6% for single-family homeowners with 1.2 to 5 billion won based on the tax rate, but the tax rate for multi-family dwellings will rise to 3.6% even with the same tax rate.
For this reason, there are many cases where the property tax for multi-family dwellings this year has risen at least twice and at most three times compared to last year.
In the case of single-family homeowners, the increase rate is usually in the range of 20-50%.
Specifically, the government is considering a plan to raise the standard price of KRW 300 million, which corresponds to the 20% ownership stake and the ownership stake ratio, which are requirements for exclusion from the calculation of inherited housing.
You can also change the requirement to meet both conditions in such a way that only one of them needs to be met.
Replacing the standard of ownership (20%) as the percentage of inheritance from the decedent to the percentage of ownership in the house may also be a way to reduce the burden.
For example, if one of the parents dies and three children inherit ⅓ of the 50% stake held by the deceased, the child will own 16.7% of the house, but the inheritance rate from the decedent will be 33.3%.
The number of houses you own will vary depending on whether you view it as a share in the house or as an inheritance share from the decedent.
Through a combination of these measures, the government is looking for ways to minimize the case of becoming a multi-family dweller due to inherited housing, which results in heavy estate tax.
These system reforms are amendments to the Enforcement Decree, not the Act.
The government is reviewing ways to include this information in the revision of the tax law enforcement ordinance early next year.
We believe that it is virtually impossible to apply this rule retrospectively to the property tax imposed this year.
A government official said, "I think the problem of becoming a multi-family dweller by acquiring housing shares following inheritance can be viewed as somewhat unreasonable."