[Breaking] 'Temporary Two-Homeowners Comprehensive Real Estate Tax Relief' Amendment Passed in National Assembly Plenary Session
![[Breaking] 'Temporary Two-Homeowners Comprehensive Real Estate Tax Relief' Amendment Passed in National Assembly Plenary Session](http://www.asiae.co.kr/news/img_view.htm?img=2021061808010985412_1623970870.png)
[Asia Economy Reporter Oh Ju-yeon] The amendment to the Comprehensive Real Estate Tax Act, which eases the burden of the comprehensive real estate tax (종부세) on temporary two-homeowners and low-income, elderly individuals with insufficient cash-generating ability, was passed at the National Assembly plenary session on the 7th with 178 votes in favor, 23 against, and 44 abstentions. The amendment will be applied starting from the comprehensive real estate tax notices issued at the end of November.
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