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Event Brief

Gov't to End Tax Exemption for Multiple Homeowners

Finance Minister Koo Yun-cheol announced plans to end tax exemptions for multiple homeowners in May, considering a grace period.
WHO: Finance Minister Koo Yun-cheol
WHAT: Ending tax exemption for multiple homeowners
WHEN: Feb 3, 2026 at 2:00 AM ET
WHERE: Seoul, South Korea
WHY: To address housing market issues
Sources (1): Yonhap Korea

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