Gyeonggi-do, COVID-19 Affected Taxpayers Granted Deferral on Non-Tax Revenue Collection
[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is promoting measures such as extension of payment deadlines, suspension of delinquent tax enforcement, and relaxation of delinquent tax collection activities for taxpayers who have suffered direct or indirect damage due to the 'Novel Coronavirus Infection' (COVID-19).
Non-tax revenue refers to government income other than taxes, including fines, penalties, charges, and enforcement fees.
The support targets include COVID-19 confirmed patients and quarantined individuals, as well as medical, travel, performance, distribution, restaurant, and lodging businesses that have suffered damage such as business closures due to visits by confirmed patients.
The province will first support affected taxpayers with deferment of collection, payment postponement, and installment payments according to individual legal provisions related to the imposition and collection of local non-tax revenue. In addition, the province has decided to suspend property seizure or sale of seized property for local non-tax revenue delinquents within a one-year period.
The province plans to send notification letters regarding 760 cases of property seizures, including real estate (delinquent amount of 2.447 billion KRW).
Also, to ensure timely support, the province will actively promote through the city and county departments in charge and prioritize applications from victims, providing support ex officio if necessary.
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Lee Eui-hwan, Director of the Tax Justice Division of the province, emphasized, "We hope that this non-tax revenue support will help alleviate the burden on residents struggling due to COVID-19, even if only a little," and added, "We will carry out the support without any setbacks to ensure practical non-tax revenue assistance is provided."
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