조정대상지역 일시적 2주택 특례 3년→2년…10월 1일 시행

Translation

From 1 October, when someone who owns a home in a regulated area (조정대상지역) buys another home in a regulated area and temporarily owns two, the period in which they still receive the one-home-per-household exemption for capital gains tax and comprehensive real estate tax will be cut from three years to two. The enforcement decree amendment follows up on this year's tax reform plan announced on 3 August. Purchased rental apartments in regulated areas have until now permanently kept the exclusion from the heavier capital gains tax on multi-home owners, and from the additional corporate tax, even after their rental registration was cancelled, but from now on the exclusion will apply only to homes sold within a set deadline. The basic deadline is 31 December 2027, and separate deadlines apply in cases such as homes still in their mandatory rental period or under reconstruction or redevelopment. The one-home exemption for the residence of a landlord who owns a purchased rental apartment in a regulated area will continue, as now, for five years from the date the registration is cancelled. The special rule for 'win-win rental' homes will end as scheduled on 31 December this year, and from then on the capital gains tax residence requirement will be waived only for homes sold within one year after the win-win rental ends, up to 31 December 2029.