[Breaking News] "Gongsi Jiga Increase is a Tax Bomb" Constitutional Appeal Filed
"The Real Estate Public Notice Act Determining Official Land Prices by the Minister of Land and Local Government Heads Is Unconstitutional"
[Asia Economy Reporter Heo Midam] Hanbyun announced on the 6th that it plans to file a constitutional complaint on the 7th regarding Articles 3, 10, and 18 of the Act on Real Estate Price Disclosure (Real Estate Disclosure Act).
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The current Real Estate Disclosure Act does not legally define the scope and limits of publicly announced real estate prices, allowing the Minister of Land, Infrastructure and Transport and mayors, county governors, and district heads to arbitrarily raise prices significantly, which Hanbyun claims has the potential to be unconstitutional.
This content was produced with the assistance of AI translation services.
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