[Breaking] Constitutional Court Rules "Expanded Comprehensive Real Estate Tax under Moon Government is Constitutional"
The Constitutional Court ruled on the 30th that the Comprehensive Real Estate Tax Act, which had its taxable scope expanded during the Moon Jae-in administration, does not violate the principle of prohibition of excessive regulation and does not infringe on property rights.
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On the same day, the Constitutional Court dismissed the constitutional complaint filed against Article 7, Paragraph 1, Item 7 of the Comprehensive Real Estate Tax Act.
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