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Title: TAX AI Lets South Korean Property Owners Check Estimated Refunds on Past Property Taxes and Simulate Future Tax Bills in One Place

Busan, Korea South, 31st Oct 2026 - TAX AI, operated by South Korean tax-tech startup NEWEYE Corporation, uses an AI algorithm to handle frequently changing asset and real estate tax laws and complex special provisions. It simulates estimated refunds on real estate taxes customers have already paid and the amounts due at different points in time for taxes they will owe, helping customers check and manage their asset taxes on their own.In South Korea, taxes on the same home can differ depending on when it is sold, how long it has been held, how many homes the owner has and whether the owner lived in it. Because tax law changes often and special provisions have strict requirements, taxpayers sometimes miss conditions for exemptions, deductions or reductions. TAX AI was built to solve this problem. Users see simulation results in real time by entering basic information, with no complicated paperwork.Checking for refunds on the past five years of property taxes before filing for correctionOverpaid tax can be reclaimed by filing a request for correction within five years of the statutory filing deadline.TAX AI's Real Estate Estimated Refund Simulation shows whether capital gains, comprehensive real estate holding and acquisition taxes paid in the past five years were overpaid or paid in error, and estimates the refund. Results appear in real time after users sign up and complete quick identity verification.The highest estimated real estate refund retrieved on TAX AI to date is KRW 188 million. (This is the amount actually refunded through an independent tax accountant on July 15, 2026, based on the estimated refund retrieved on TAX AI on May 25, 2026.)Note: Results on TAX AI are estimates. Actual tax amounts and refund eligibility may vary depending on each user's filing and...


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