Property tax easing '600 million'-Major shareholder '1 billion' strands... What are the remaining variables?

<Anchor>

1 The Party Government Office has gathered opinions on lowering the property tax rate of homeowners and easing the requirements for major shareholders of the stock transfer income tax.

As soon as it will be announced today (3rd), the publicly announced land for property tax cuts is less than 600 million won, and the requirement for stock major shareholders is set to maintain the current 1 billion won.

Reporter Jeon Byeong-nam reports.

<Reporter> The

Democratic Party, the government, and the Blue House have tentatively decided on the criteria for property tax cuts to be one house with a publicly announced site of 600 million won or less.

Accordingly, it is expected that the property tax rate for one-homed housing owners with a publicly announced land of less than KRW 600 million will decrease 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.

The government accepted the opinion of the ruling party in a situation where the ruling party raised a mediation theory due to the so-called'Donghak ant', a backlash from individual investors ahead of the implementation next year.

Democratic Party Representative Lee Nak-yeon explained, "We have set a big frame for the property tax for one house and the requirements for large shareholders," and said, "Because it is not good that long-lasting uncertainty, it will not take much time for the announcement."

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 US presidential election.

However, the possibility that the timing and contents of the announcement will vary depending on the results of the US presidential election cannot be excluded at this time.

Regarding the discussion on the subject of property tax cuts, it is known that the exact tax rate cut range is being fine-tuned, and it remains to be seen how the final conclusion will come out.