CalKit

Comprehensive Property Tax Calculator

Calculate comprehensive real estate tax.

원
종합부동산세 합계
실효세율 0.096%
1,440,000원

과세 내역

공시가격1,500,000,000원
기본공제−1,100,000,000원
초과금액400,000,000원
공정시장가액비율 (60%)240,000,000원
적용 세율0.5%
종합부동산세1,200,000원
농어촌특별세 (20%)240,000원
총 납부세액1,440,000원

Overview

Comprehensive Real Estate Tax is a national tax levied when the total assessed value of owned properties exceeds a threshold. For housing, the base is calculated by subtracting a basic deduction (KRW 900M per person, KRW 1.2B for single-home households) from the total assessed value, then applying the fair market value ratio. Rates range from 0.5% to 2.7%. Property tax already paid is credited.

Formula

Tax Base = (Total Assessed Value - Basic Deduction) x Fair Market Value Ratio (60%). General rates: Up to KRW 300M at 0.5%; 300M-600M at 0.7%; 600M-1.2B at 1.0%; 1.2B-2.5B at 1.3%; 2.5B-5B at 1.5%; 5B-9.4B at 2.0%; Over 9.4B at 2.7%. Tax burden cap: 150% (general) or 300% (multi-home in regulated area) of previous year.

How to Use

  1. 1Enter the total assessed value of your properties.
  2. 2Select whether you are a single-home household and whether properties are in regulated areas.
  3. 3Click Calculate to see the tax base, calculated tax, property tax credit, and final payment.

Tips

  • ✔Single-home households get a KRW 1.2B deduction and elderly/long-term holding credits (up to 80%).
  • ✔Payment is due December 1-15 each year.
  • ✔The fair market value ratio is currently 60% but may change with government policy.
  • ✔Joint ownership by spouses allows KRW 900M each (KRW 1.8B total) in deductions, though comparison with the single-home special provision is needed.
  • ✔Special rural development tax (20% of comprehensive property tax) is also due.

FAQ

Q. What is the basic deduction amount?

KRW 900 million per person for general housing, KRW 1.2 billion for single-home households. Spouses with joint ownership can deduct KRW 900M each, totaling KRW 1.8B.

Q. What benefits do single-home households receive?

A KRW 1.2B basic deduction, elderly credit (20-40% for age 60+), and long-term holding credit (20-50% for 5+ years), with a combined cap of 80%.

Q. What is the tax burden cap?

A safeguard against sharp increases: the tax cannot exceed 150% of the previous year's amount for general cases, or 300% for multi-homeowners in regulated areas.

Q. When is the payment deadline?

December 1-15 each year. If the tax exceeds KRW 2.5 million, installment payment over 6 months is available.

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