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※ This article was translated using AI technology for reader convenience.

Gov't keeps comprehensive real estate tax burden cap at 150%, drops 200% hike plan

by: Yang Young-kyung

Published : Sept. 1, 2026 - 14:26:24

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The government will maintain the comprehensive real estate tax burden cap at 150%, withdrawing a proposal to raise it to 200%.

A real estate agency in Songpa-gu, Seoul. [Yonhap]

y2k@heraldcorp.com

This content was produced with the assistance of AI translation services.

byYang Young-kyung

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