Raising the real estate tax pump …

The downtown apartment complex as seen from Eungbongsan Mountain in Seoul on the 16th. (Photo = Yonhap News)

[세종=이데일리 원다연 기자] This year, as publicly advertised apartment and apartment prices jumped nearly 20%, the comprehensive property tax issue widened considerably. Additionally, this year’s tax rate has increased significantly, significantly increasing the property tax burden on homeowners. There is widespread discontent that the government is raising house prices and people paying the tax. In particular, there is the possibility that the tax pump will increase as new tax increases focused on passports are discussed.

From the rise in publicly announced prices to an increase in the final tax rate … The property tax increase is estimated at 1.9 trillion.

According to the ‘Public Housing Price Plan 2021’ of the Ministry of Lands, Infrastructure and Transport, the national average price of public housing this year rose 19.08% compared to the previous year. It registered the largest increase in the 14 years since 2007 under the government’s policy of making the official price. In the case of Sejong City, where house prices soared, the official price of apartment buildings soared 70.68%.

The number of homes above the official price of 900 million won, which is taxed on a one-household-per-household basis, increased 69.58% (21.5,259 households) from last year to 52,620 households nationwide. national. Due to the increase in the public price, the number of people who have only one home and still have to pay the tax has increased significantly.

Due to the modification of the tax law in August last year, the tax rate will increase significantly from this year. For those with two or fewer houses, the tax rate for each objective will increase from 0.5-2.7% to 0.6-3.0%, and for those with three or more houses, from 0.6-3.2% to 1.2-6.0%.

According to the “ Tax Effect Analysis of the Comprehensive Real Estate Tax Law of 2020, ” which was commissioned by the National Assembly Finance and Planning Committee member Chu Gyeong-ho to the Office of National Assembly budget, the amount of property tax to be removed from the publicly announced land price increase and the jong tax amounted to 1.58 trillion won this year. The property tax increase due to the public price increase is 155.5 billion won, and the jong tax increase due to the public price increase and the tax law amendment is 1.82 trillion won. Last year, the final tax was 3.6 trillion won.

However, this is an estimated amount assuming that 10% of multiple homeowners and corporations sell their homes this year and are excluded from taxes and there is no change in house prices for 10 years, so you can increase even more if the sales volume is small. or the house price rises.

The withdrawal of benefits for owners of rental companies was also discussed … “A home and a house need complementary measures”

There was also a spark of additional property taxes. The government has previously announced that it will review measures to strengthen tax management for registered rental housing companies.

Currently, rental business owners are excluded from the tax sum if the official house price at the time of registration is less than 600 million won in metropolitan areas and 300 million won in rural areas. In this case, it was noted that the registered rental business continued to receive unfair benefits because the public price would not be excluded from the sum exclusion even if the public price exceeded the standard. Land, Infrastructure and Transport Minister Byun Chang-heum said in the National Assembly’s trade report last month: “I will examine the data considering the improvement of the system.”

Earlier this year, Governor Lee Jae-myeong of Gyeonggi Province also insisted on amending the tax law, saying: “There is no reason to give preferential tax treatment to rental housing owned by a operator of housing leasing companies, compared to a Housing for real residence. ”

As the tax burden on real estate increases, such as during transfer tax, punitive tax measures for those who choose to donate rather than transfer are also discussed.

Hoo-deok Yoon, a member of the Democratic Party, said: “Multiple homeowners donate to their spouses or direct relatives who are homeless to avoid the burden of taxes. They argued that a premium tax system should be introduced. Last year, the number of donations at home was 152,000, 37.5% more than a year ago. Starting in June, when the intensive transfer tax for people with multiple households takes effect, the number of gifts may increase even more.

Ahn Chang-nam, a professor in the Tax Department of Gangnam University, said: “The government is using property taxes to avoid speculation. It needs to be supplemented so that it is less than 10% of the inflation rate of the previous year.” ”