The amount of comprehensive real estate tax paid by households with one home in South Korea stood at approximately 717.6 billion South Korean won in 2022, nearly 10 times that five years prior. The country has a one-household one-home policy which allows for significant property tax reductions for households registered with just one home.
Value of real estate tax paid by households with one house in South Korea from 2018 to 2022
(in billion South Korean won)
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National Tax Service of South Korea. (June 29, 2023). Value of real estate tax paid by households with one house in South Korea from 2018 to 2022 (in billion South Korean won) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1409161/south-korea-property-tax-paid-by-single-home-households/
National Tax Service of South Korea. "Value of real estate tax paid by households with one house in South Korea from 2018 to 2022 (in billion South Korean won)." Chart. June 29, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1409161/south-korea-property-tax-paid-by-single-home-households/
National Tax Service of South Korea. (2023). Value of real estate tax paid by households with one house in South Korea from 2018 to 2022 (in billion South Korean won). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1409161/south-korea-property-tax-paid-by-single-home-households/
National Tax Service of South Korea. "Value of Real Estate Tax Paid by Households with One House in South Korea from 2018 to 2022 (in Billion South Korean Won)." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/1409161/south-korea-property-tax-paid-by-single-home-households/
National Tax Service of South Korea, Value of real estate tax paid by households with one house in South Korea from 2018 to 2022 (in billion South Korean won) Statista, https://www.statista.com/statistics/1409161/south-korea-property-tax-paid-by-single-home-households/ (last visited December 21, 2024)
Value of real estate tax paid by households with one house in South Korea from 2018 to 2022 (in billion South Korean won) [Graph], National Tax Service of South Korea, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/1409161/south-korea-property-tax-paid-by-single-home-households/