Govt. to unveil property tax revision this month: finance minister

South Korea will unveil property tax revisions later this month as part of its effort to strike a balance between recurrent and transaction taxes, the finance minister said Tuesday.

Finance Minister Koo Yun-cheol made the remark during an interview with MBC Radio, a local broadcaster, noting the government intends to make a final decision after gathering opinions from the public.

"Basically, we aim to establish a property market centered on actual residents, under the principle that homes are fo ...