Seocho-gu 'Sincere Taxpayer King' Award Ceremony

On the 2nd, 5 'Sincere Taxpayer Kings' Selected for Commendation... Various Benefits Including Seocho Resort Vouchers and One Year Exemption from Public Parking Fees

[Asia Economy Reporter Jong-il Park] Seocho-gu (District Mayor Eunhee Jo) announced that in commemoration of the 54th Taxpayer's Day, it has selected 5 exemplary taxpayers who contributed to the stable securing of district tax revenue among 27,688 model taxpayers who faithfully paid local taxes, and will present commendation certificates on the 2nd.

This year, due to COVID-19, the award ceremony will be omitted and the certificates will be delivered through direct visits.

The exemplary taxpayers are selected based on the criteria as of January 1 each year: those who have paid two or more local taxes on time over the past 8 years, have no outstanding taxes for the past 10 years, and have paid district taxes (property tax, license registration tax) of 50 million KRW or more for corporations and 10 million KRW or more for individuals to our district, after deliberation and resolution by the Local Tax Deliberation Committee.

This year's top taxpayers include a total of 5 people: the corporation Myungin Pharmaceutical and 4 individual taxpayers. In particular, Myungin Pharmaceutical has been adding warmth by demonstrating a positive influence in the local community, such as donating more than 2 million KRW annually to the Community Chest of Korea.

The district established the Ordinance on Preferential Treatment and Support for Exemplary Taxpayers in Seocho-gu, Seoul in 2017 to create a social atmosphere where faithful taxpayers are favored, laying the foundation to provide commendations and various benefits to exemplary taxpayers.

Those selected as top taxpayers enjoy benefits such as reduced loan interest rates and preferential exchange rates, along with exemplary taxpayer benefits including one-year exemption from parking fees at district public parking lots, use of Seocho Recreation Center, and tickets to performances hosted by the Seocho Cultural Foundation.

Seocho District Mayor Eunhee Jo said, "I deeply thank the exemplary taxpayers who faithfully paid taxes despite difficult circumstances," and added, "We will thoroughly and transparently manage the taxes paid so that not a single penny is wasted."

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