AI-based asset tax solution company New AI Co., Ltd. announced on the 22nd that it has signed a business agreement with the Korea Real Estate Board to provide a real estate tax simulation service.
Through this agreement, users of the Korea Real Estate Board's mobile app can easily access the asset and real estate tax AI solution 'Tax AI' via a dedicated page within the app, allowing them to easily calculate various real estate-related taxes, including capital gains tax and inheritance tax, and check the optimal tax amount for individuals.
The core of this service is a simple simulation function designed to provide users with accurate tax information instantly. Users can calculate estimated taxes with simple information input and have the convenience of checking results without understanding complex tax laws. This allows them to predict and plan for tax burdens arising from housing sales, inheritance, gifts, and real estate acquisitions in advance.
The Korea Real Estate Board, a leading institution providing nationwide real estate transactions, market prices, and policy information, has established an accurate tax calculation environment based on public data through this partnership. New AI plans to offer enhanced customized tax services to users by combining the reliable information from the Korea Real Estate Board with Tax AI's tax refund and simulation technology.
A representative from New AI stated, "This partnership is a new real estate tax experience created together by public institutions and private tax service platforms," and added, "We plan to continuously enhance the service and expand events to solve complex and burdensome tax issues more easily." They further stated, "Through collaboration with the Korea Real Estate Board, we will support more citizens to conveniently enjoy asset tax services."
Meanwhile, New AI has proven its technological prowess and innovation by winning the grand prize at the Ministry of Land, Infrastructure and Transport's Real Estate Startup Competition last year, and being selected for major support programs such as the Ministry of SMEs and Startups' TIPS, KB Starters, IBK Changgong, and Woori Financial Group's Dinolab.
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