Korea's Monthly Rent Tax Credit: The ₩140,000 at ₩55m
Earn ₩55 million or less and you get 17% of your rent back; earn more and it drops to 15%. On ₩600,000 monthly rent that is ₩1,224,000 versus ₩1,080,000 — a ₩144,000 swing on one won of salary.
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