The South Korean National Tax Service Nov. 26 posted online a guide on filing and paying real estate tax. Topics covered include: 1) the Dec. 15 deadline to pay the tax based on values on June 1, and the Dec. 12 deadline to apply for deferred payments; 2) tax payment thresholds for individuals owning residential or land property as of June 1; 3) installment payments of up to six months without interest, for tax amounts exceeding 3 million South Korean won (US$2,042); 4) procedures for deferred payment application, tax reporting, and corrections; 5) amendments to the 2025 Comprehensive Real Estate ...
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