liminfoAcquisition Tax Calculator
Free web tool: Acquisition Tax Calculator
5.0 × 100M KRW
Acquisition Tax Rate
1.0%
Total Tax
5,500,000 KRW
Effective rate: 1.10%
Tax Breakdown
Residential Acquisition Tax Rates
| Category | Rate |
|---|---|
| 1 Home (≤600M) | 1% |
| 1 Home (600M–900M) | 1~3% |
| 1 Home (>900M) | 3% |
| 2 Homes (Regulated) | 8% |
| 3+ Homes (Regulated) | 12% |
Related Calculators
About Acquisition Tax Calculator
The Korean Property Acquisition Tax Calculator estimates the total tax cost when purchasing residential real estate in Korea. By entering the home price, number of homes owned after the acquisition, whether the property is in a regulated area (조정대상지역), and whether the floor area is 85㎡ or less, you instantly see the applicable acquisition tax rate, rural development tax, local education tax, and the grand total — all in one place.
Korea's property acquisition tax system applies progressive rates that depend heavily on home value and multi-home status. A first-time single homeowner pays 1% for homes under 600 million KRW, climbing to 3% for homes over 900 million KRW. Multi-home owners in regulated areas face surcharge rates of 8% (two homes) or 12% (three or more homes). Rural development tax and local education tax are layered on top of the acquisition tax, making manual calculation error-prone.
All calculations run entirely inside your browser using the same rate logic enacted in Korean tax law. The tool applies the official tiered rate schedule, correctly identifies surcharge scenarios, and factors in the 85㎡ rural development tax exemption so you get a trustworthy pre-purchase tax estimate before visiting a notary or tax authority.
Key Features
- Progressive acquisition tax rates for homes valued between 600M and 900M KRW
- Multi-home surcharge rates: 8% for two homes in regulated areas, 12% for three or more
- Non-regulated area rates correctly distinguished from regulated area rates
- Special Rural Development Tax (농어촌특별세) with automatic 85㎡ exemption
- Local Education Tax (지방교육세) calculated on the standard rate portion only
- Detailed tax breakdown showing each component and effective combined rate
- Reference rate table covering all acquisition tax tiers for quick comparison
- Bilingual Korean/English interface with dark mode and mobile-responsive layout
Frequently Asked Questions
What is Korean property acquisition tax?
Acquisition tax (취득세) is a one-time local tax levied when ownership of real estate is transferred. For residential homes, the base rates range from 1% to 3% depending on purchase price, with heavy surcharges of 8–12% for multi-home owners in regulated areas.
How does the progressive rate between 600M and 900M KRW work?
For a single-home owner, the rate smoothly interpolates between 1% and 3% based on how much of the price falls within the 600M–900M band. This prevents a sudden jump in tax liability at the 600M threshold.
What are regulated areas and how do they affect the tax?
Regulated areas (조정대상지역) are government-designated zones where property prices have risen sharply. Purchasing a second home there triggers an 8% rate, and a third or subsequent home triggers 12%, compared to standard rates in non-regulated areas.
What is the Rural Development Tax and when is it exempt?
The Special Rural Development Tax (농어촌특별세) is an additional national tax collected alongside acquisition tax. Homes with an exclusive area of 85㎡ or less are exempt. For larger homes the rate ranges from 0.2% to 1.0% of the property value depending on the number of homes.
What is the Local Education Tax?
Local Education Tax (지방교육세) is levied at 10% of the standard-rate portion of the acquisition tax. In high-surcharge cases (e.g., 8% or 12%), the education tax is calculated on the standard rate only, not the surcharge portion.
Does this calculator include first-time buyer discounts?
No. Special reductions for first-time buyers (생애최초), newlywed couples (신혼부부), and families with multiple children (다자녀) are not reflected. The results show standard statutory rates and serve as an upper-bound estimate. Contact your local government for reduction eligibility.
Are rates the same for apartments and detached houses?
The residential acquisition tax schedule applies to both apartments and detached houses. Different rules apply to commercial properties, officetels classified as business premises, and farmland, which this calculator does not cover.
When must acquisition tax be paid?
In Korea, acquisition tax must be paid within 60 days of taking ownership. Failure to pay on time results in late penalty surcharges. This calculator helps you budget the tax cost before signing a sales contract.