Sun, Mar 1, 2015
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

Korean govt to cut property buying taxes

Posted on 03 October 2012

The South Korean Cabinet approved a bill on Tuesday to promulgate rules that temporarily reduce tax rates on purchases and transfers of homes to boost the slumping housing market.
South Korea’s property market has been in a long slump with a sharp drop in home purchases pressing household economies and affecting development-related investment. The government announced earlier this year measures to halve acquisition taxes and scrap transfer taxes, and the parliament passed the revision last month………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031