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Event Brief

Lee Proposes Ending Tax Breaks for Rental Operators

President Lee Jae Myung suggests scrapping tax breaks for registered rental businesses in South Korea.
WHO: President Lee Jae Myung
WHAT: Proposed ending tax breaks for rental business operators
WHEN: Feb 9, 2026 at 3:12 AM ET
WHERE: Seoul, South Korea
WHY: To address financial concerns and reform rental business taxation
Sources (1): Yonhap Korea

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