{"content_id":"k3jpmcot7p","slug":"comprehensive-real-estate-tax-1-house-deduction-revision-2026","locale":"en","schema_type":"NewsArticle","category":"news","category_name":"News","title":"Comprehensive Real Estate Tax: ₩1.2B Deduction Kept","summary":"The government withdrew proposals to reduce deductions for single-home owners who do not live in the property and for married couples with joint ownership. The tax burden cap will remain at 150%, while measures including a larger deduction for owner-occupiers with one home remain in the government proposal.","sponsorship_disclosure":null,"affiliate_disclosure":null,"commerce_disclosure":null,"author":{"name":"Injoys Editorial Team","url":"https://injoys.com/ko/about"},"key_points":["The government proposal was revised to retain the current ₩1.2 billion basic deduction for single-home owners who do not live in the property.","The deduction for married couples with joint ownership will remain at ₩600 million per person, or ₩1.2 billion combined.","The plan to raise the property tax burden cap to 200% was withdrawn.","The proposed ₩1.4 billion deduction for owner-occupiers with one home and the direction toward stronger taxation remain.","Because the government proposal is not law, the National Assembly's review and the final amendments must be checked."],"content_markdown":"The government has withdrawn its plan to reduce the basic comprehensive real estate holding tax deduction for single-home owners who do not reside in the home to 900 million won. The combined deduction for jointly owned homes will remain at 1.2 billion won. The tax burden cap will also remain at the current 150%, while the proposal to expand the deduction for owner-occupants will continue to move forward.\n\nBased on the revised government tax reform proposal as of September 2026\n\n## Key Points of the Revised 2026 Comprehensive Real Estate Holding Tax Proposal\n\nThe main point of this revision is the reversal of some proposals that would have increased the tax burden. The deduction for single-home owners who do not reside in the home and the tax burden cap will remain unchanged. Here, non-occupancy means not actually living in the home concerned.\n\n| Category | Current | Original Government Proposal | Revised Government Proposal |\n|---|---:|---:|---:|\n| Basic deduction for owner-occupants with one home | 1.2 billion won | 1.4 billion won | 1.4 billion won |\n| Basic deduction for non-occupants with one home | 1.2 billion won | 900 million won | 1.2 billion won |\n| Deduction for homes jointly owned by married couples | 600 million won per person, 1.2 billion won combined | 400 million won per person, 800 million won combined | 600 million won per person, 1.2 billion won combined |\n| Property holding tax burden cap | 150% | 200% | 150% |\n\nThe revised government proposal in the table is not a law that takes effect immediately. Tax law revisions require deliberation by the National Assembly and statutory amendments. When filing, taxpayers must check the laws applicable to the relevant tax year.\n\nThe exact official wording should be checked in the Ministry of Economy and Finance’s revised materials for the 2026 tax reform proposal. Whether the changes have taken effect can be cross-checked against the Comprehensive Real Estate Holding Tax Act on the Korean Law Information Center. Individual eligibility criteria should be verified through guidance from the National Tax Service.\n\n## Deduction Criteria by Circumstance\n\nHow the rules apply varies depending on actual occupancy and the form of ownership. The revised proposal withdrew the planned reductions for non-occupants and joint owners. The proposed deduction increase for owner-occupants with one home remains in place.\n\n| Ownership Conditions | Deduction Under the Revised Government Proposal | What to Check |\n|---|---:|---|\n| Sole ownership and actual occupancy | Proposed 1.4 billion won deduction retained | Check current criteria until the law is amended |\n| Sole ownership without actual occupancy | 1.2 billion won retained | Proposed reduction to 900 million won withdrawn |\n| One home jointly owned by a married couple | 600 million won per person, 1.2 billion won combined retained | Proposed reduction to 400 million won per person withdrawn |\n| Those subject to the tax burden cap | 150% retained | Compare with the previous year’s property holding tax |\n\nThe final tax amount is not determined solely by whether the owner actually resides in the home. The officially assessed value and ownership share also affect individual calculations. The tax classification must be determined based on the final law and National Tax Service criteria.\n\n## Example of Calculating the Tax Burden Cap\n\nThe tax burden cap limits sharp year-on-year increases in property holding taxes. The revised government proposal retains the cap at 150%. The following is a simplified example provided in the announcement.\n\n1. Assume that last year’s combined property tax and comprehensive real estate holding tax totaled 1 million won.\n2. This year’s calculated property holding taxes total 2 million won.\n3. Applying the 150% cap limits the amount payable to 1.5 million won.\n4. Under the original 200% proposal, the full calculated amount of 2 million won would apply.\n\nThe difference resulting from the revised cap in this example should be checked in the Ministry of Economy and Finance’s revised tax reform proposal materials. It does not represent the tax reduction for every taxpayer. If this year’s calculated tax is below the cap, the cap has no limiting effect.\n\n## Why a 1.2 Billion Won Deduction Does Not Mean a 1.2 Billion Won Tax Reduction\n\nThe basic deduction is not an amount directly subtracted from the tax payable. It is the threshold used to determine the taxable amount from the officially assessed value. Therefore, the deduction amount and the actual tax savings are different.\n\nFor comprehensive real estate holding tax calculations, the amount remaining after the deduction is the starting point. The fair market value ratio and tax rate are then applied. At the final stage, the applicable tax burden cap is reviewed.\n\n- A 1.2 billion won deduction does not mean eliminating 1.2 billion won in taxes.\n- Even with the same officially assessed value, ownership and occupancy conditions may differ.\n- If the fair market value ratio rises, the taxable amount may increase.\n- The exact tax must be calculated using the statutory formula for the relevant year.\n\n## Comprehensive Real Estate Holding Tax Reforms That Were Not Withdrawn\n\nThe entire comprehensive real estate holding tax reform proposal was not withdrawn. The proposal to raise the deduction for owner-occupants with one home to 1.4 billion won remains in place. The policy direction of strengthening taxation on high-value homes was also retained.\n\n| Remaining Reform Direction | Status After Revision | Potential Effect on Tax |\n|---|---|---|\n| Expanded deduction for owner-occupants with one home | Proposal to increase it from 1.2 billion won to 1.4 billion won retained | The taxable amount may decrease |\n| Higher tax rates for high-value homes | Policy direction retained | The tax burden may increase if the relevant bracket applies |\n| Increase in the fair market value ratio | Direction of phased increases retained | The tax base may increase |\n\nThe final tax rates and ratios depend on statutes and subordinate regulations. An individual’s tax liability cannot be finalized based solely on the government proposal. The details may change again during National Assembly deliberations.\n\n## Order for Checking the Government Proposal and Applicable Law\n\nWhen assessing taxes, the announced proposal must be distinguished from the law in force. A government proposal presents the direction of a planned amendment. Actual tax obligations are determined under the laws currently in effect.\n\n1. Check whether the home is solely or jointly owned.\n2. Determine whether the owner actually resides in the home.\n3. Check the Ministry of Economy and Finance materials for changes to the government proposal.\n4. Check the final amended law on the Korean Law Information Center.\n5. Cross-check the calculation criteria for the relevant tax year in National Tax Service guidance.\n\nAfter receiving a tax notice, first check the tax year stated on it. Applying a deduction from a different year will change the calculation. It is safer not to assume the amount payable based only on a government announcement.\n\n## Common Mistakes\n\nThe most common misunderstanding is treating 1.2 billion won as a tax credit. Some also interpret the 150% cap as meaning that taxes can rise by only 50%. Another mistake is assuming that the government proposal is already in force.\n\n- Do not confuse a single-home owner who does not reside in the home with an overseas nonresident under tax law.\n- Do not subtract the basic deduction directly from the tax payable.\n- Do not treat the tax burden cap and the comprehensive real estate holding tax rate as the same concept.\n- Do not assume that the revised government proposal is a finalized law in force.\n- Do not skip individual calculations based only on the combined deduction for joint owners.\n\nThe tax burden cap is a mechanism that limits the extent of an increase. It does not refer to the tax rate or deduction itself. The final amount payable must be checked using each individual’s tax assessment information.\n\n## Frequently Asked Questions\n\n### Will the deduction for single-home owners who do not reside in the home be reduced to 900 million won?\n\nThe revised government proposal withdrew the plan to reduce it to 900 million won. The deduction is intended to remain at the current 1.2 billion won. The amended law must be checked to confirm whether it ultimately applies.\n\n### Is the deduction for owner-occupants with one home also 1.2 billion won?\n\nThe current deduction is stated as 1.2 billion won. The government proposal retains the increase to 1.4 billion won. Until the law is amended, the government proposal and current law must be distinguished.\n\n### How much is the deduction for a home jointly owned by a married couple?\n\nThe revised proposal retains the deduction of 600 million won per person. The combined amount for a married couple is 1.2 billion won. Individual application must be determined by checking both ownership shares and tax classifications.\n\n### What is the 150% tax burden cap?\n\nIt is a mechanism that limits this year’s property holding tax to no more than 150% of the comparison amount. It mitigates sharp increases in the burden from property tax and comprehensive real estate holding tax. It does not mean that the comprehensive real estate holding tax rate is 150%.\n\n### Was the entire comprehensive real estate holding tax reform proposal withdrawn?\n\nOnly some proposals that would have increased the tax burden were withdrawn. The proposed deduction increase for owner-occupants with one home remains in place. The policy direction of strengthening taxation on high-value homes and increasing the ratio was also retained.","content_html":"\u003cp\u003eThe government has withdrawn its plan to reduce the basic comprehensive real estate holding tax deduction for single-home owners who do not reside in the home to 900 million won. The combined deduction for jointly owned homes will remain at 1.2 billion won. The tax burden cap will also remain at the current 150%, while the proposal to expand the deduction for owner-occupants will continue to move forward.\u003c/p\u003e\n\u003cp\u003eBased on the revised government tax reform proposal as of September 2026\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#key-points-of-the-revised-2026-comprehensive-real-estate-holding-tax-proposal\" class=\"anchor\" id=\"key-points-of-the-revised-2026-comprehensive-real-estate-holding-tax-proposal\"\u003e\u003c/a\u003eKey Points of the Revised 2026 Comprehensive Real Estate Holding Tax Proposal\u003c/h2\u003e\n\u003cp\u003eThe main point of this revision is the reversal of some proposals that would have increased the tax burden. The deduction for single-home owners who do not reside in the home and the tax burden cap will remain unchanged. Here, non-occupancy means not actually living in the home concerned.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCategory\u003c/th\u003e\n\u003cth\u003eCurrent\u003c/th\u003e\n\u003cth\u003eOriginal Government Proposal\u003c/th\u003e\n\u003cth\u003eRevised Government Proposal\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eBasic deduction for owner-occupants with one home\u003c/td\u003e\n\u003ctd data-label=\"Current\"\u003e1.2 billion won\u003c/td\u003e\n\u003ctd data-label=\"Original Government Proposal\"\u003e1.4 billion won\u003c/td\u003e\n\u003ctd data-label=\"Revised Government Proposal\"\u003e1.4 billion won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eBasic deduction for non-occupants with one home\u003c/td\u003e\n\u003ctd data-label=\"Current\"\u003e1.2 billion won\u003c/td\u003e\n\u003ctd data-label=\"Original Government Proposal\"\u003e900 million won\u003c/td\u003e\n\u003ctd data-label=\"Revised Government Proposal\"\u003e1.2 billion won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eDeduction for homes jointly owned by married couples\u003c/td\u003e\n\u003ctd data-label=\"Current\"\u003e600 million won per person, 1.2 billion won combined\u003c/td\u003e\n\u003ctd data-label=\"Original Government Proposal\"\u003e400 million won per person, 800 million won combined\u003c/td\u003e\n\u003ctd data-label=\"Revised Government Proposal\"\u003e600 million won per person, 1.2 billion won combined\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eProperty holding tax burden cap\u003c/td\u003e\n\u003ctd data-label=\"Current\"\u003e150%\u003c/td\u003e\n\u003ctd data-label=\"Original Government Proposal\"\u003e200%\u003c/td\u003e\n\u003ctd data-label=\"Revised Government Proposal\"\u003e150%\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eThe revised government proposal in the table is not a law that takes effect immediately. Tax law revisions require deliberation by the National Assembly and statutory amendments. When filing, taxpayers must check the laws applicable to the relevant tax year.\u003c/p\u003e\n\u003cp\u003eThe exact official wording should be checked in the Ministry of Economy and Finance’s revised materials for the 2026 tax reform proposal. Whether the changes have taken effect can be cross-checked against the Comprehensive Real Estate Holding Tax Act on the Korean Law Information Center. Individual eligibility criteria should be verified through guidance from the National Tax Service.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#deduction-criteria-by-circumstance\" class=\"anchor\" id=\"deduction-criteria-by-circumstance\"\u003e\u003c/a\u003eDeduction Criteria by Circumstance\u003c/h2\u003e\n\u003cp\u003eHow the rules apply varies depending on actual occupancy and the form of ownership. The revised proposal withdrew the planned reductions for non-occupants and joint owners. The proposed deduction increase for owner-occupants with one home remains in place.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eOwnership Conditions\u003c/th\u003e\n\u003cth\u003eDeduction Under the Revised Government Proposal\u003c/th\u003e\n\u003cth\u003eWhat to Check\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Ownership Conditions\"\u003eSole ownership and actual occupancy\u003c/td\u003e\n\u003ctd data-label=\"Deduction Under the Revised Government Proposal\"\u003eProposed 1.4 billion won deduction retained\u003c/td\u003e\n\u003ctd data-label=\"What to Check\"\u003eCheck current criteria until the law is amended\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Ownership Conditions\"\u003eSole ownership without actual occupancy\u003c/td\u003e\n\u003ctd data-label=\"Deduction Under the Revised Government Proposal\"\u003e1.2 billion won retained\u003c/td\u003e\n\u003ctd data-label=\"What to Check\"\u003eProposed reduction to 900 million won withdrawn\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Ownership Conditions\"\u003eOne home jointly owned by a married couple\u003c/td\u003e\n\u003ctd data-label=\"Deduction Under the Revised Government Proposal\"\u003e600 million won per person, 1.2 billion won combined retained\u003c/td\u003e\n\u003ctd data-label=\"What to Check\"\u003eProposed reduction to 400 million won per person withdrawn\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Ownership Conditions\"\u003eThose subject to the tax burden cap\u003c/td\u003e\n\u003ctd data-label=\"Deduction Under the Revised Government Proposal\"\u003e150% retained\u003c/td\u003e\n\u003ctd data-label=\"What to Check\"\u003eCompare with the previous year’s property holding tax\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eThe final tax amount is not determined solely by whether the owner actually resides in the home. The officially assessed value and ownership share also affect individual calculations. The tax classification must be determined based on the final law and National Tax Service criteria.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#example-of-calculating-the-tax-burden-cap\" class=\"anchor\" id=\"example-of-calculating-the-tax-burden-cap\"\u003e\u003c/a\u003eExample of Calculating the Tax Burden Cap\u003c/h2\u003e\n\u003cp\u003eThe tax burden cap limits sharp year-on-year increases in property holding taxes. The revised government proposal retains the cap at 150%. The following is a simplified example provided in the announcement.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003eAssume that last year’s combined property tax and comprehensive real estate holding tax totaled 1 million won.\u003c/li\u003e\n\u003cli\u003eThis year’s calculated property holding taxes total 2 million won.\u003c/li\u003e\n\u003cli\u003eApplying the 150% cap limits the amount payable to 1.5 million won.\u003c/li\u003e\n\u003cli\u003eUnder the original 200% proposal, the full calculated amount of 2 million won would apply.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eThe difference resulting from the revised cap in this example should be checked in the Ministry of Economy and Finance’s revised tax reform proposal materials. It does not represent the tax reduction for every taxpayer. If this year’s calculated tax is below the cap, the cap has no limiting effect.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#why-a-12-billion-won-deduction-does-not-mean-a-12-billion-won-tax-reduction\" class=\"anchor\" id=\"why-a-12-billion-won-deduction-does-not-mean-a-12-billion-won-tax-reduction\"\u003e\u003c/a\u003eWhy a 1.2 Billion Won Deduction Does Not Mean a 1.2 Billion Won Tax Reduction\u003c/h2\u003e\n\u003cp\u003eThe basic deduction is not an amount directly subtracted from the tax payable. It is the threshold used to determine the taxable amount from the officially assessed value. Therefore, the deduction amount and the actual tax savings are different.\u003c/p\u003e\n\u003cp\u003eFor comprehensive real estate holding tax calculations, the amount remaining after the deduction is the starting point. The fair market value ratio and tax rate are then applied. At the final stage, the applicable tax burden cap is reviewed.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eA 1.2 billion won deduction does not mean eliminating 1.2 billion won in taxes.\u003c/li\u003e\n\u003cli\u003eEven with the same officially assessed value, ownership and occupancy conditions may differ.\u003c/li\u003e\n\u003cli\u003eIf the fair market value ratio rises, the taxable amount may increase.\u003c/li\u003e\n\u003cli\u003eThe exact tax must be calculated using the statutory formula for the relevant year.\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch2\u003e\n\u003ca href=\"#comprehensive-real-estate-holding-tax-reforms-that-were-not-withdrawn\" class=\"anchor\" id=\"comprehensive-real-estate-holding-tax-reforms-that-were-not-withdrawn\"\u003e\u003c/a\u003eComprehensive Real Estate Holding Tax Reforms That Were Not Withdrawn\u003c/h2\u003e\n\u003cp\u003eThe entire comprehensive real estate holding tax reform proposal was not withdrawn. The proposal to raise the deduction for owner-occupants with one home to 1.4 billion won remains in place. The policy direction of strengthening taxation on high-value homes was also retained.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eRemaining Reform Direction\u003c/th\u003e\n\u003cth\u003eStatus After Revision\u003c/th\u003e\n\u003cth\u003ePotential Effect on Tax\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Remaining Reform Direction\"\u003eExpanded deduction for owner-occupants with one home\u003c/td\u003e\n\u003ctd data-label=\"Status After Revision\"\u003eProposal to increase it from 1.2 billion won to 1.4 billion won retained\u003c/td\u003e\n\u003ctd data-label=\"Potential Effect on Tax\"\u003eThe taxable amount may decrease\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Remaining Reform Direction\"\u003eHigher tax rates for high-value homes\u003c/td\u003e\n\u003ctd data-label=\"Status After Revision\"\u003ePolicy direction retained\u003c/td\u003e\n\u003ctd data-label=\"Potential Effect on Tax\"\u003eThe tax burden may increase if the relevant bracket applies\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Remaining Reform Direction\"\u003eIncrease in the fair market value ratio\u003c/td\u003e\n\u003ctd data-label=\"Status After Revision\"\u003eDirection of phased increases retained\u003c/td\u003e\n\u003ctd data-label=\"Potential Effect on Tax\"\u003eThe tax base may increase\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eThe final tax rates and ratios depend on statutes and subordinate regulations. An individual’s tax liability cannot be finalized based solely on the government proposal. The details may change again during National Assembly deliberations.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#order-for-checking-the-government-proposal-and-applicable-law\" class=\"anchor\" id=\"order-for-checking-the-government-proposal-and-applicable-law\"\u003e\u003c/a\u003eOrder for Checking the Government Proposal and Applicable Law\u003c/h2\u003e\n\u003cp\u003eWhen assessing taxes, the announced proposal must be distinguished from the law in force. A government proposal presents the direction of a planned amendment. Actual tax obligations are determined under the laws currently in effect.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003eCheck whether the home is solely or jointly owned.\u003c/li\u003e\n\u003cli\u003eDetermine whether the owner actually resides in the home.\u003c/li\u003e\n\u003cli\u003eCheck the Ministry of Economy and Finance materials for changes to the government proposal.\u003c/li\u003e\n\u003cli\u003eCheck the final amended law on the Korean Law Information Center.\u003c/li\u003e\n\u003cli\u003eCross-check the calculation criteria for the relevant tax year in National Tax Service guidance.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eAfter receiving a tax notice, first check the tax year stated on it. Applying a deduction from a different year will change the calculation. It is safer not to assume the amount payable based only on a government announcement.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#common-mistakes\" class=\"anchor\" id=\"common-mistakes\"\u003e\u003c/a\u003eCommon Mistakes\u003c/h2\u003e\n\u003cp\u003eThe most common misunderstanding is treating 1.2 billion won as a tax credit. Some also interpret the 150% cap as meaning that taxes can rise by only 50%. Another mistake is assuming that the government proposal is already in force.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eDo not confuse a single-home owner who does not reside in the home with an overseas nonresident under tax law.\u003c/li\u003e\n\u003cli\u003eDo not subtract the basic deduction directly from the tax payable.\u003c/li\u003e\n\u003cli\u003eDo not treat the tax burden cap and the comprehensive real estate holding tax rate as the same concept.\u003c/li\u003e\n\u003cli\u003eDo not assume that the revised government proposal is a finalized law in force.\u003c/li\u003e\n\u003cli\u003eDo not skip individual calculations based only on the combined deduction for joint owners.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eThe tax burden cap is a mechanism that limits the extent of an increase. It does not refer to the tax rate or deduction itself. The final amount payable must be checked using each individual’s tax assessment information.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#frequently-asked-questions\" class=\"anchor\" id=\"frequently-asked-questions\"\u003e\u003c/a\u003eFrequently Asked Questions\u003c/h2\u003e\n\u003ch3\u003e\n\u003ca href=\"#will-the-deduction-for-single-home-owners-who-do-not-reside-in-the-home-be-reduced-to-900-million-won\" class=\"anchor\" id=\"will-the-deduction-for-single-home-owners-who-do-not-reside-in-the-home-be-reduced-to-900-million-won\"\u003e\u003c/a\u003eWill the deduction for single-home owners who do not reside in the home be reduced to 900 million won?\u003c/h3\u003e\n\u003cp\u003eThe revised government proposal withdrew the plan to reduce it to 900 million won. The deduction is intended to remain at the current 1.2 billion won. The amended law must be checked to confirm whether it ultimately applies.\u003c/p\u003e\n\u003ch3\u003e\n\u003ca href=\"#is-the-deduction-for-owner-occupants-with-one-home-also-12-billion-won\" class=\"anchor\" id=\"is-the-deduction-for-owner-occupants-with-one-home-also-12-billion-won\"\u003e\u003c/a\u003eIs the deduction for owner-occupants with one home also 1.2 billion won?\u003c/h3\u003e\n\u003cp\u003eThe current deduction is stated as 1.2 billion won. The government proposal retains the increase to 1.4 billion won. Until the law is amended, the government proposal and current law must be distinguished.\u003c/p\u003e\n\u003ch3\u003e\n\u003ca href=\"#how-much-is-the-deduction-for-a-home-jointly-owned-by-a-married-couple\" class=\"anchor\" id=\"how-much-is-the-deduction-for-a-home-jointly-owned-by-a-married-couple\"\u003e\u003c/a\u003eHow much is the deduction for a home jointly owned by a married couple?\u003c/h3\u003e\n\u003cp\u003eThe revised proposal retains the deduction of 600 million won per person. The combined amount for a married couple is 1.2 billion won. Individual application must be determined by checking both ownership shares and tax classifications.\u003c/p\u003e\n\u003ch3\u003e\n\u003ca href=\"#what-is-the-150-tax-burden-cap\" class=\"anchor\" id=\"what-is-the-150-tax-burden-cap\"\u003e\u003c/a\u003eWhat is the 150% tax burden cap?\u003c/h3\u003e\n\u003cp\u003eIt is a mechanism that limits this year’s property holding tax to no more than 150% of the comparison amount. It mitigates sharp increases in the burden from property tax and comprehensive real estate holding tax. It does not mean that the comprehensive real estate holding tax rate is 150%.\u003c/p\u003e\n\u003ch3\u003e\n\u003ca href=\"#was-the-entire-comprehensive-real-estate-holding-tax-reform-proposal-withdrawn\" class=\"anchor\" id=\"was-the-entire-comprehensive-real-estate-holding-tax-reform-proposal-withdrawn\"\u003e\u003c/a\u003eWas the entire comprehensive real estate holding tax reform proposal withdrawn?\u003c/h3\u003e\n\u003cp\u003eOnly some proposals that would have increased the tax burden were withdrawn. The proposed deduction increase for owner-occupants with one home remains in place. The policy direction of strengthening taxation on high-value homes and increasing the ratio was also retained.\u003c/p\u003e\n","tags":["Everyday Finance","Real estate policy","Taxes","Comprehensive Real Estate Tax"],"faqs":[{"question":"Will the comprehensive real estate holding tax deduction for a non-resident single-home owner be reduced to 900 million won?","answer":"The government withdrew its plan to lower it to 900 million won. The revised government proposal retains the current 1.2 billion won deduction."},{"question":"Was the proposed 1.4 billion won deduction for owner-occupier single-home owners also withdrawn?","answer":"The proposal to increase the deduction for owner-occupier single-home owners to 1.4 billion won was retained. However, since it is a government proposal, the final legislation must be checked."},{"question":"What is the deduction for a jointly owned single home held by a married couple?","answer":"The revised proposal retains the deduction of 600 million won per person. For a married couple combined, it is 1.2 billion won."},{"question":"Will the comprehensive real estate holding tax burden cap rise to 200%?","answer":"The plan to raise it to 200% was withdrawn. The revised government proposal retains the current 150% cap."},{"question":"Does the 150% tax burden cap refer to the comprehensive real estate holding tax rate?","answer":"It is not a tax rate but a mechanism that limits increases in property holding taxes. It ensures that this year's comparative tax amount does not exceed 150% of the previous year's amount."},{"question":"Does the 1.2 billion won basic deduction mean that 1.2 billion won is deducted from the tax?","answer":"The basic deduction is not an amount deducted directly from the tax payable. It is a threshold applied when calculating the taxable amount from the officially assessed value."},{"question":"When will the revised government proposal take effect?","answer":"It does not take effect immediately upon the government's announcement. The implementation rules for the relevant tax year must be checked after National Assembly deliberation and legislative amendment."}],"sources":[{"url":"https://www.moef.go.kr/","title":"Ministry of Economy and Finance","type":"source"},{"url":"https://www.law.go.kr/","title":"Korean Law Information Center","type":"source"},{"url":"https://www.nts.go.kr/","title":"National Tax Service","type":"source"}],"images":[{"id":1163,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6MTY0MzMsInB1ciI6ImJsb2JfaWQifX0=--6d8558534cdd2ef660a56bec6697af8de7048f16/ai-41053a96.webp","is_representative":true,"generation_method":"ai_photo","license":"ai_generated","mime_type":"image/webp","translations":{"ko":{"alt":"주택 모형과 열쇠를 앞에 두고 부동산 세금 서류를 검토하는 중년 부부","caption":"부부가 종합부동산세 공제와 관련된 재정 자료를 함께 살펴보고 있다.","description":null},"en":{"alt":"Middle-aged couple reviewing property tax documents beside a model house and keys","caption":"A couple reviews financial documents related to property tax deductions.","description":null},"ja":{"alt":"住宅模型と鍵を前に不動産税の書類を確認する中年夫婦","caption":"夫婦が総合不動産税の控除に関する資料を確認している。","description":null},"es":{"alt":"Pareja de mediana edad revisando documentos fiscales junto a una maqueta de casa y unas llaves","caption":"Una pareja revisa documentos financieros relacionados con las deducciones del impuesto inmobiliario.","description":null},"id":{"alt":"Pasangan paruh baya memeriksa dokumen pajak properti di dekat miniatur rumah dan kunci","caption":"Pasangan ini meninjau dokumen keuangan terkait pengurangan pajak properti.","description":null},"pt":{"alt":"Casal de meia-idade analisa documentos fiscais ao lado de uma maquete de casa e chaves","caption":"O casal consulta documentos financeiros sobre deduções do imposto imobiliário.","description":null},"zh-hant":{"alt":"一對中年夫妻在房屋模型與鑰匙旁查看房地產稅務文件","caption":"夫妻正在檢視與綜合不動產稅扣除額相關的財務資料。","description":null},"de":{"alt":"Paar mittleren Alters prüft Grundsteuerunterlagen neben Hausmodell und Schlüsseln","caption":"Das Paar prüft Finanzunterlagen zu Abzügen bei der Immobiliensteuer.","description":null}}},{"id":1164,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6MTY0MzksInB1ciI6ImJsb2JfaWQifX0=--4b00515129f7d96f4e16a8d8d718a003f1ed75cc/ai-5886f147.webp","is_representative":false,"generation_method":"ai_image","license":"ai_generated","mime_type":"image/webp","translations":{"ko":{"alt":"아파트와 주택 소유자, 세금 서류, 동전, 방패, 국회와 법봉을 그린 삽화","caption":"종합부동산세 공제와 제도 개편 논의를 상징적으로 보여준다.","description":null},"en":{"alt":"Illustration of apartments, homeowners, tax forms, coins, shields, the National Assembly and a gavel","caption":"The scene symbolizes debate over property tax deductions and reform.","description":null},"ja":{"alt":"マンションと住宅所有者、税務書類、硬貨、盾、国会議事堂、木槌を描いたイラスト","caption":"総合不動産税の控除と制度改正をめぐる議論を象徴している。","description":null},"es":{"alt":"Ilustración de apartamentos, propietarios, formularios fiscales, monedas, escudos, parlamento y mazo","caption":"La escena simboliza el debate sobre la deducción y la reforma del impuesto inmobiliario.","description":null},"id":{"alt":"Ilustrasi apartemen, pemilik rumah, formulir pajak, koin, perisai, gedung parlemen, dan palu sidang","caption":"Adegan ini melambangkan pembahasan potongan dan reformasi pajak properti.","description":null},"pt":{"alt":"Ilustração de apartamentos, proprietários, formulários fiscais, moedas, escudos, parlamento e martelo","caption":"A cena simboliza o debate sobre a dedução e a reforma do imposto imobiliário.","description":null},"zh-hant":{"alt":"公寓、屋主、稅務文件、硬幣、盾牌、國會大樓與法槌的插畫","caption":"畫面象徵綜合不動產稅扣除額與制度改革的討論。","description":null},"de":{"alt":"Illustration mit Wohnhäusern, Eigentümern, Steuerformularen, Münzen, Schilden, Parlament und Richterhammer","caption":"Die Szene steht für die Debatte über Freibeträge und die Reform der Immobiliensteuer.","description":null}}}],"published_at":"2026-09-09T10:23:05+09:00","updated_at":"2026-09-09T10:23:05+09:00","license":"cc_by","translation_status":"reviewed","available_locales":["ko","en","ja","es"],"data_locales":["ko","en","ja","es","id","pt","zh-hant","de"],"url":"https://injoys.com/en/articles/comprehensive-real-estate-tax-1-house-deduction-revision-2026"}