Irregular real estate tax law … Even the National Tax Service and give me ‘100 questions and 100 answers’

As the government’s successive property policy complicated the tax system enough for the word ‘yangpo tax’ to emerge (a tax accountant who gave up the transfer tax consultation), the tax administration submitted ‘100 questions and 100 answers for the housing tax ‘. It is unusual to offer 100 questions and answers, but it is noted that the questions and answers are difficult to understand despite the efforts of the National Tax Service because the tax system itself has become so complicated.

On the 17th, the National Tax Service published the data of ‘House Tax Resving 100 Questions and 100 Answers’ that summarized the contents related to the amendment to the real estate tax law, such as the Income Tax Law and the Comprehensive Law Property Tax in the form of questions and answers. You can download it from the website of the National Tax Service or the local tax system.

This data was created by selecting housing tax inquiries in front of the tax offices. In particular, as of January 1 of next year, the special deduction for long-term transfer of capital income tax for an owner is applied divided into retention period (4% per year) and residence period (4 % per year), and the median transfer tax rate applied to multiple owners after June 1 of the next year. There are many changes to the system, such as the increase from 10 to 20 percentage points to 20 to 30 percentage points, and the resulting transition regulations are complex, so they are organized by case.

However, it is answered that this 61 page A4 paper is not enough to solve the taxpayer’s curiosity. This is because there are too many cases for every situation, such as region, house price, and retention period, so it is often impossible to explain them as specific cases. Even if one of the main assumptions in the case changes, taxes vary widely. For example, ‘a homeowner couple acquired the right to sell in the area subject to adjustment in their husband’s name before September 13, 2018, and gave it to their spouse after September 14 of the same year. If the apartment is registered as a long-term private rental home for 8 years after the completion of the apartment and then transferred after the mandatory rental period of the apartment, the hefty multi-household tax rate will apply. The rental home acquired after the September 13, 2018 plan announcement does not have great tax-exempt benefits, because in this case it is based on the husband’s first purchase. However, it is difficult to understand because special families such as sales rights and long-term rental housing are included, and it is difficult to know how it will apply to other cases. There were cases where detailed assumptions were not adequately reflected in the question and answer. ‘A temporary homeowner with 2 houses and 3 houses for long-term rental transfers an expensive house between houses that are not rented. Up to 900 million won for transfer earnings, the temporary exemption for two houses and the special case of non-taxation of residential housing of rental business owners overlap. The high multi-household tax (20%) is applied to the excess of the won and the deduction does not apply. This is the correct answer only if the house is in a regulated area and you sell it before June of next year.

Woo Byung-tak, manager of Shinhan Bank’s Real Estate Investment Advisory Center (tax accountant), said, “As the government continues to review tax laws to stabilize house prices in a short period of time, it is proof that confusion among taxpayers has increased enough to provide such data. ” “There is a need to organize the tax system in a way that improves predictability and understanding for taxpayers.”

Sejong = Reporter Joo Aejin [email protected] Go to reporter page>