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Falsehood Contract of Transfer Gains Tax Pays Dearly for it

  • Date 2009.10.27.
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In endeavouring to achieve transparency in the real property transactions,
the actual market price reporting system of the real and capital gains took
effect from 2006 and 2007 respectively. Since March 2008, about 15 thousand
among 80 thousand cases are found to be falsehood contracts, and 167 billion
won of transfer gains tax including penalty taxes was assessed.






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