The Korea Tax Society has submitted recommendations to South Korea's Ministry of Economy and Finance on the government's 2026 Tax Reform Proposal, urging that single-homeowner households that have actually lived in their homes for at least five years be excluded from Comprehensive Real Estate Tax. The group said the proposed increase in the basic deduction from 1.2 billion won (approximately $870,000) to 1.4 billion won (approximately $1.0 million) would not by itself address tax increases caused by rising home prices. It also called for changes to the Long-Term Holding Special Deduction, protections for temporary two-homeowners, broader tax credits for business owners and workers, a higher comprehensive-income basic deduction, and clearer rules for the Family Business Inheritance Deduction. The recommendations were submitted on the 20th and announced on the 25th, following the government's proposal announced on August 3.