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Showing posts with the label korean solar terms

Essential Concepts for Filing Korea’s Real Estate Capital Gains Tax: Single-Household Rules, Residency, Partial Ownership, and High-Value Homes

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When you turn off the lights in a familiar living room and carry out the last box, it’s easy to feel that the move is finally complete. But leaving a home always comes with one final, unseen step — reviewing the capital gains tax that arises when transferring a property. Before settling into a new space, it’s important to take a moment to close this quiet yet essential chapter as well. Basic Concepts of Korea’s Capital Gains Tax on Real Estate: Unders tanding Single-Household Ownership, Residency Status, and Partial Ownership Description: To accurately file capital gains tax on real estate in Korea, it is essential to understand the concepts of a single-household one-home rule, residency vs. non-residency, partial ownership of a property, temporary two-home situations, and high-value properties. This post provides a clear overview of these key ideas. Introduction: Hello, dear readers. Today, I would like to briefly introduce one of Korea’s major tax systems—the capital gains tax. This ...
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Sanggang (霜降): Korea’s Seasonal Wisdom Linking Nature and People in Late Autumn

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  At Hyangwonjeong Pavilion in Gyeongbokgung Palace — Where Autumn Foliage in Full Glory Reflects the Season’s Philosophy Sanggang (霜降): The Frost’s Arrival  that  Colors Korea’s Autumn Dear readers, hello! Today, I would like to introduce Sanggang (霜降) , one of Korea’s traditional 24 seasonal divisions known as jeolgi (절기) . Sanggang marks the time when frost first begins to form, and in Korea, it coincides with the peak of autumn foliage. Let us begin!. Introduction: Standing at the Threshold of Frost The concept of jeolgi (seasonal divisions) originated in ancient China as part of an agricultural calendar that divided the year into 24 equal parts to mark the subtle shifts of the seasons. This system later spread to neighboring countries such as Korea and Japan, where it was adapted to local climates and agricultural traditions. Among these divisions, Sanggang literally means “descent of frost.” It usually falls around October 23 on the solar calendar. At thi...
Location: 미국 뉴욕
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