On November 8, the Democratic Party called on the government to unify the comprehensive real estate tax funding for the first generation of residents, regardless of whether they are resident or not, to a public price of 1.4 billion yuan.
If it changes according to the requirements, the basic allowance of a non-resident household will increase by 200 million yuan over the current government. The allowance is the amount that is deducted from the public price when determining the tax rate, and even if the home allowance price exceeds the allowance, the actual tax will vary according to other calculation factors.
Government plans to keep 1 housing concession at $12 billion
In August, the government attempted to raise the residential one-housing allowance from 1.2 billion yuan to 1.4 billion yuan, and lower the non-residential housing to 9 billion yuan. Since then, in September, the State Assembly approved the amendment to return the non-residential allowance to 1.2 billion yuan, and submitted to the National Assembly the proposal to raise the residential allowance to 1.4 billion yuan.
Therefore, on the basis of the government bill subject to parliamentary examination, if the own house is a real estate house, then 1,4 billion yuan, and if the non-residential house is a non-residential house, then 1,2 billion yuan is the basic allowance standard. Both amounts are public price standards, and the party's requirement for a unification of 1,4 billion yuan is not yet established.
Women's demands and government proposals can be divided from Congressional judgments.
Democratic Seoul regional deputies also discussed their views on November 5th, regardless of whether they reside or not, but did not reach a conclusion. Democratic deputies Kim Yongba said that “in general, the majority of the opinions are that in the case of the final tax, a resident is not a resident, not a non-resident, and the amount of the deduction is equal to 14 billion.”
Mr. Qingdao said that if the deductions were unified, the policy framework that had been overtaken by the real estate owner could be weakened and the coherence of the government proposal could be shaken. Mr. Qingdao said that if the deductions were unified, the real estate policy would be disproportionate and the government proposal would be modified negatively.
The final criteria for this year's tax law amendment will be determined after the examination of the Parliament.On November 8, the party demanded the unification of 1,4 billion yuan, and the congressional debate remained to reveal the position that the congressional government would maintain the proposal.