Latest / South Korea News Today | 2 Min News | The Daily News Now!
DP Proposes Lower Real Estate Tax Deduction | South Korea News
The DP party is weighing a major tax overhaul: slashing the real estate holding tax deduction from 1.2 billion won to 900 million won, which could hit property owners who don’t live in their homes—especially in Seoul. Leader Kim Min-seok urges caution, calling for local input to balance fair taxation with practical housing solutions, as pressure mounts to boost supply amid recent political shifts. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.