In addition, the Democratic Party, the government, and the Blue House have tentatively decided the standard for property tax reduction to be one house with a publicly announced site of 600 million won or less.
Accordingly, it is expected that the property tax rate of one-owner who has a house with a publicly announced land of less than 600 million won will be reduced by 0.05 percentage points.
Earlier, the Democratic Party tried to expand the target standard for the cut to 900 million won, but was unable to achieve it due to opposition from the Blue House and some local government heads.
Instead, the government's proposal to lower the stock capital gains tax requirement from the current 1 billion won to 300 million won will be postponed.
Ahead of the implementation of next year, the so-called'Donghak Ant', a situation where the ruling party raised a mediation theory due to backlash from individual investors, it is evaluated that the government accepted the opinion of the ruling party.
Accordingly, the announcement of the property tax cut criteria is expected to be made as early as today or tomorrow, and the announcement on the requirements for major shareholders will be made as soon as possible after the U.S. presidential election.