Gyeonggi-do Sends Notification Letters to 2,800 High-Amount Habitual Tax Delinquents... List Disclosure

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province will send advance notice letters to 2,800 high-amount habitual tax delinquents regarding the disclosure of their names.

On the 25th, Gyeonggi Province announced that it plans to conduct 'advance notice of name disclosure' to 2,800 high-amount habitual local tax delinquents in order to realize tax justice and foster a culture of sincere tax payment.

The recipients of the notice are high-amount habitual delinquents who have not paid taxes exceeding 10 million won for over one year from the due date, including 2,067 individuals and 733 corporations. The total delinquent amount is 115.4 billion won, with 78.6 billion won from individuals and 36.7 billion won from corporations.

The province recently finalized the list of advance notice recipients through the Gyeonggi Province Local Tax Deliberation Committee. Starting with this advance notice, payment demands will be made and a six-month opportunity to provide explanations will be given.

Delinquents who receive the advance notice must pay at least 30% of the delinquent amount, be under collection deferral due to approval of a rehabilitation plan, or be making sincere installment payments according to the payment schedule of the rehabilitation plan to be excluded from the name disclosure. Those who are appealing local taxes must submit materials to the relevant city or county within the explanation period.

Based on payment confirmations and submitted explanation materials in October, the province will finalize the list of those subject to disclosure after a re-deliberation by the Local Tax Deliberation Committee, and disclose the list on November 18.

Lee Eui-hwan, Director of the Tax Justice Division of the province, stated, "For high-amount habitual local tax delinquents, we will implement strong administrative sanctions such as name disclosure, travel bans, and business license restrictions, as well as delinquency measures including property seizure, home searches, and forced auctions. In particular, we will take strong actions such as investigation and prosecution against those who intentionally conceal assets or evade taxes, while supporting economic recovery for livelihood-type delinquents through on-site investigations by the delinquency management team."

This content was produced with the assistance of AI translation services.