On September 17, Tax AI, a service operated by the asset tax solution company Neweye Co., Ltd., officially expanded its offerings to become an integrated refund service. This expansion goes beyond the existing real estate capital gains tax refund service to now include both acquisition tax and comprehensive real estate holding tax refunds.
This latest expansion is drawing significant attention as an all-in-one solution that allows users to handle complex and diverse real estate tax refunds and tax-saving measures in a single step, further enhancing user convenience and technological sophistication.
In addition to capital gains tax, acquisition tax can also be overpaid if special deductions are not accurately identified. In such cases, it is difficult for non-experts to file a refund application, as it requires understanding the relevant laws, submitting a request for correction, and communicating with officials at the National Tax Service and local government offices. The newly launched service addresses this complicated process with a single click.
Tax AI utilizes Neweye’s proprietary AI algorithm to meticulously analyze more than 9.3 million types of tax codes and regulations, automatically determining the user’s optimal tax treatment. It accurately identifies past filing errors and missed special provisions to calculate the potential refund amount. With the launch of this integrated refund service, users can now check in real time the refund possibilities not only for capital gains tax but also for acquisition tax and comprehensive real estate holding tax, and receive application support through partner tax accountants, establishing itself as a comprehensive tax refund solution.
Neweye previously expanded its presence in the real estate capital gains tax refund market by introducing the nation’s first real-time estimated refund inquiry service. With the launch of this integrated refund service, the company plans to deliver an innovative service experience across the entire tax sector. In particular, the AI technology behind Tax AI, developed with the participation of a CEO who is a former real estate tax accountant, quickly and accurately reflects the complexities of tax law, earning users’ trust.
Meanwhile, Tax AI has proven its technical capabilities and growth potential by being selected for various public and private support programs and attracting investment, including the Grand Prize at the Ministry of Land, Infrastructure and Transport’s Real Estate Startup Competition, the Ministry of SMEs and Startups’ TIPS program, IBK Changgong, KB Starters, Woori Financial Group’s Dinolab, and B-Fintech 20. With this expanded integrated refund service, Neweye aims to make tax refund procedures more accessible to the public and strengthen its position as an innovative platform that enhances both professionalism and convenience through collaboration with tax accountants.
Kim Donghyun, CEO of Neweye, stated, “Tax AI was created as a solution to resolve complex real estate tax issues using AI, aiming to protect taxpayers’ rights and foster service innovation through cooperation with tax professionals. With the launch of this integrated refund service, we hope that more people will be able to experience tax refunds and tax-saving strategies easily and quickly.”
Going forward, Neweye plans to continue introducing user-centered, convenient, and trusted tax services by expanding its AI-based tax optimization offerings.
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