Boseong-gun Imposes 2.2 Billion Won in Regular September Property Tax

The Property Taxpayer in September is the Actual Owner of the Property as of the Tax Base Date (June 1st Every Year)

[Boseong=Asia Economy Honam Reporting Headquarters, Reporter Park Cheon-seok] Boseong-gun, Jeollanam-do announced that it has imposed a total of 2.2 billion KRW in regular property taxes for September 2022 on about 40,000 cases concerning land and housing (first half installment).

This figure represents an approximately 3% increase compared to the 2.1 billion KRW in property taxes imposed in September last year.

The factors contributing to the tax increase include a 5% rise in housing prices and an 8.46% increase in individually announced land prices.

The taxpayers liable for the September property tax are the actual owners of the property as of the tax base date (June 1 every year).

The taxable items include land portions and housing (first half installment) for which the annual tax amount imposed in July exceeds 200,000 KRW.

The payment deadline is from September 16 to September 30, and payments can be made at all banks nationwide. Additionally, payments can be conveniently made through various methods such as ▲automatic transfer ▲virtual account transfer ▲WETAX, etc.

A Boseong-gun official said, “We express our gratitude to the residents who fulfill their tax obligations despite the difficult economic situation, including the ongoing COVID-19 pandemic.” He added, “Since property tax is a valuable resource used for the residents, we will continue to do our best to operate fair and trustworthy local tax administration.”

Boseong=Asia Economy Honam Reporting Headquarters, Reporter Park Cheon-seok hss79@asiae.co.kr

This content was produced with the assistance of AI translation services.