The combination of soaring real estate values, a rapidly aging population and high estate taxes unadjusted for decades has greatly broadened the reach of South Korea’s inheritance tax net. Politicians are at loggerheads about what should be done to fix the system. (Bloomberg via Getty Images)
Policy Asia
Failure to adjust brackets after property boom leaves families facing big bills
KIM JAEWON
January 23, 2026 06:00 JST
