Pyeongtaek Begins Accepting Objections to Individual Property Tax Assessment Notices

[Suwon Ilbo=Reporter Seo Dong-young] Pyeongtaek City has decided and announced individual property tax assessment notices on 343,089 parcels surveyed as of January 1 this year on the 29th.

This year's individual property tax assessment notices showed an average increase of 6.04% compared to the previous year. They can be viewed through the Pyeongtaek City website (http://www.pyeongtaek.go.kr), the Ministry of Land, Infrastructure and Transport's Real Estate Public Announcement Price Notice system (http://www.realtyprice.kr), and other platforms. They are also available on mobile internet, including the Gyeonggi Province Real Estate Portal app.

Individual property tax assessment notices are public announcements of the price per unit area (㎡) of individual land parcels. They are used as the basis for calculating national and local taxes related to land, as well as for calculating various charges and fees.

Land owners who object to the individual property tax assessment notices can file an objection by June 29 by downloading a form from the city website or using the "Individual Property Tax Assessment Notice Objection Form" available at the real estate management teams of the relevant jurisdictions (Pyeongtaek City Hall, Songtan Branch Office, and Anjung Branch Office).

Parcels with filed objections will be re-surveyed, verified by appraisers, and reviewed by the Pyeongtaek City Real Estate Price Public Announcement Committee. The results will be individually notified to applicants by July 24.