Korea Land Compensation Calculator

Estimate Korean public land acquisition compensation for land, building, business closure, relocation, and tax.

Land Compensation Inputs

Total compensation

₩484,960,000

Land appraisal

₩273,240,000

Building compensation

₩192,720,000

Net after tax

₩422,558,603

Compensation Components

Business compensation
₩0
Relocation compensation
₩19,000,000
Capital gains tax
₩61,177,840

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What Is the Korea Land Compensation Calculator?

This calculator estimates Korean public land acquisition compensation across land, building, business closure, relocation, and capital-gains tax components.

The English calculator reuses the Korean land compensation total function. It preserves land area, official land price, land price change rate, producer price rate, land-use zone, individual factors, building structure, building age, business profit, closure period, relocation status, compensation method, acquisition price, holding period, and necessary expenses.

Important Note

Public land acquisition compensation should be reviewed against appraisal reports, project approval notices, ownership records, lease and business documents, and relocation eligibility evidence.

Compensation Components

ComponentCalculation basisOutput
LandOfficial land price x area, price index, land-use-zone and individual-location factorsEstimated appraisal value
BuildingReplacement cost, structure, area, age, depreciationBuilding compensation
BusinessAnnual profit, closure period, permanent closure, facility moving, inventory movingBusiness compensation
RelocationOwner or tenant status, household members, housing area, building valueMoving cost, housing relocation fee, settlement allowance
TaxCompensation method, acquisition price, holding period, necessary expensesCapital-gains tax and net compensation

Preserved Numeric Rules

  • Relocation settlement allowance uses 30 percent of building price, capped at KRW 12 million in the Korean constants.
  • Long-term holding deduction is 2 percent per year, capped at 30 percent.
  • Tax reduction annual limit is KRW 100 million and 5-year limit is KRW 200 million in the source constants.
  • Rural special tax is 20 percent of the reduction benefit where applicable in the Korean tax logic.

Review Strategy

The calculator is a planning tool before appraisal objection, compensation negotiation, or adjudication. It helps identify whether land appraisal, building value, business closure, relocation, or tax is the largest issue.

For objections, collect comparable land transactions, official land price history, zoning maps, project drawings, business ledgers, VAT records, inventory relocation estimates, and household relocation proof.

FAQ

Is official land price the final compensation?

No. The model starts from official land price but adjusts through price movement, zone factor, and individual factors to estimate appraisal value.

Why does tax method matter?

Cash and bond compensation can change tax reduction and net compensation planning in Korean public acquisition cases.

Legal Use Notice

This English page translates and adapts the Korean calculator content for Korea-based estimates. The interactive calculator reuses the same Korean pure calculation function as the Korean page, so the numerical result is aligned with the Korean service. It is an estimation tool, not legal advice for a specific dispute.