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Event Brief

Gov't to Offer Grace Period Before Ending Tax Benefits

The government will grant a grace period of four to six months for owners of multiple homes before ending tax benefits.
WHO: South Korean Government
WHAT: Offering a grace period for tax benefits
WHEN: Feb 12, 2026 at 1:23 AM ET
WHERE: Seoul
WHY: To ease the transition for homeowners
Sources (1): Yonhap Korea

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