Overview

The Acquisition Tax Calculator automatically computes the acquisition tax due when purchasing real estate (houses, land, commercial properties) in Korea. Tax rates vary based on property price, size, number of properties owned, and whether the area is a regulated zone. Higher tax rates apply to multi-property owners. This tool helps you understand your exact tax obligations before buying property.

Formula

Acquisition Tax = Acquisition value × Tax rate

Residential tax rates (single homeowner):
- Up to 600M KRW: 1%
- 600M ~ 900M KRW: 1~3% (graduated)
- Over 900M KRW: 3%

Multi-property surcharge (regulated areas):
- 2nd property: 8%
- 3rd+ property: 12%

Additional rural special tax and local education tax apply.

How to Use

1. 1Select the property type (house, land, commercial, etc.).
2. 2Enter the purchase price (acquisition value).
3. 3Select the number of properties currently owned.
4. 4Indicate whether the property is in a regulated area.
5. 5Click calculate to see the total tax including acquisition tax, rural special tax, and local education tax.

Tips

• ✔First-time homebuyers may qualify for acquisition tax reductions, so be sure to check.
• ✔Acquisition tax must be reported and paid within 60 days of the acquisition date.
• ✔Multi-property purchases in regulated areas face surcharge rates of 8-12%.
• ✔Gifts and inheritances are also subject to acquisition tax, potentially at different rates.
• ✔Corporate property purchases are subject to a flat 12% surcharge rate.

FAQ