The government is mulling a property tax to curb soaring prices. Photo: Reuters

Support for South Korea property tax to curb soaring prices rises

Supporters of the hike say South Korea’s tax is small – ratio of real estate property tax to GDP is 0.8pc against 1.1pc average for OECD member countries

Topic |   International Property

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The government is mulling a property tax to curb soaring prices. Photo: Reuters
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