A post office employee in a Gangnam District branch in southern Seoul is sorting out tax bills for homeowners that are to be delivered on Wednesday. This year, the number of people that are expected to receive their bill on the comprehensive real estate holding tax is estimated close to 950,000, up 42 percent year-on-year. The amount they collectively owe increased 216 percent to 5.7 trillion won ($4.8 billion). [YONHAP]
with the Korea JoongAng Daily
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