Navigating Gift Tax Risks of Shared Lease Titles in South Korea
Understanding Tax Implications of Shared Lease Titles in South Korea The Financial Implications of Joint Lease Titles in South Korea In South Korea, the concept of “jeonse,” or long-term house leases, is a prevalent practice. However, when these leases are held in joint names, often between spouses, they can lead to unexpected tax implications, especially … Read more