What do you think of the property tax … "It's heavy, but it costs a business tax."

▲ Korea's GDP and acquisition and transfer tax are significantly higher than the OECD average. Ⓒ Dalian

On 25, the reform of the tax system will be confirmed by the announcement of the revision of the tax law next year. As noted above, it is stated that it is not appropriate to increase the tax burden of the high tax burden (acquisition tax and transfer tax) on the l & # 39; purchase and sale of real estate.

The government is increasing the tax on the basis that the share of Korean detention tax is low compared to the major OECD countries. However, the fact that the major advanced countries such as the United States and the United Kingdom have a high share of taxes, the tax burden is very low.

On the 24th, OECD tax statistics show that the OECD average for tax, acquisition tax and transfer as a percentage of GDP in 2015 is 1.1% in customs duties, 0.4% in acquisition tax and 0.4% in transfer duties.

Korea's holding tax is 0.3 percentage point lower than the overall average because of the 0.8% holding tax, the 2.0% acquisition tax, and transfer tax of 3.0%. On the other hand, the acquisition tax is five times higher and the transfer tax is 7.5 times higher. In addition, these statistics should take into account the fact that the proportion of the transfer tax will be higher in 2015, since the multi-lender system was set up in April of this year.

What about the other major countries of the OECD?

In the United States, the share price is 2.5%, the 0.0% acquisition tax and the transfer tax of 0.9%. The detention tax was twice as high as the general average, but the transfer tax was more than 0.5 percentage point. The 0.0% acquisition tax can be considered negligible. Although the holding tax is high, it is a fiscal environment with a relatively low burden of buying and selling real estate by lowering the transaction tax.

Park Jin-baek, senior researcher at the Korea Institute of Evaluation, said: "In OECD tax statistics, it is reasonable to interpret that the percentage of the US acquisition tax as a percentage of GDP is 0.0% "He explained.

The situation in Britain is similar. The share of the property tax is 3.1%, which is the highest among the OECD countries: acquisition tax (0.7%) and transfer tax (0, 9%) slightly above or below the overall average.

In Japan too, the tax burden on the holding of the tax, the tax of acquisition and the transfer tax is the heaviest. ▲ tourist tax 1.9% ▲ acquisition tax 0.3% ▲ transfer tax 0.0%.

In Germany, the overall tax burden on real estate is not high due to the inclusion of 0.4% of the holding tax, 0.4% of the tax of acquisition and 0.0% of the transfer tax.

Park Jin-baek, a researcher, said, "Although the mood and politics of each country are different, compared to other countries, the OECD statistics are the most appropriate standards . " Most developed countries have a heavy tax burden "

He said:" In the long term, Korea will have to pay a high tax burden, and it is necessary to reduce the tax and the tax burden of "If this is done, the autonomy of local self-government will be threatened and the transfer fee will be only about four months, so it will not be easy to 39, lower the transfer tax rate in terms of policy coherence. "[데일리안 = 이정윤 기자]