[First Release of National Tax Statistics] 5,221 Names of High-Amount and Habitual Tax Delinquents Disclosed, Record High

Tax Payment Deferral of 7.1 Trillion KRW and 389,000 Cases Including Extension of Payment Deadlines

[Asia Economy Reporter Kwangho Lee] The National Tax Service (NTS) disclosed 95 items of national tax statistics early on the 17th, ahead of the scheduled publication of the National Tax Statistical Yearbook in December this year.

The NTS publishes the National Tax Statistical Yearbook every December to help the public better understand national tax administration and to support tax policy formulation and research. To enable earlier access to tax statistics, the NTS produces and releases statistics early during the year. This year, early disclosure will be conducted twice.

The first early disclosure includes 94 items, which is 11 more than last year's 84 items, accounting for 18.6% of the total national tax statistical tables (510 in 2019).

The cash collection amount from the list of high-value and habitual tax delinquents disclosed was 245.2 billion KRW, a 1.2% decrease compared to 2018.

However, the number of cash collectors on the disclosed list of high-value and habitual tax delinquents increased by 8.2% to 5,221 compared to 2018, marking the highest ever.

From 2004 to last year, the cumulative cash collection amount from the disclosed list of high-value and habitual tax delinquents was 1.649 trillion KRW, with 23,090 collectors.

Additionally, last year's performance of tax payment deferrals such as extensions of payment deadlines amounted to 7.1003 trillion KRW across 389,000 cases.

By type, extensions of payment deadlines accounted for 3.912 trillion KRW and 211,000 cases; collection deferrals accounted for 2.8872 trillion KRW and 152,000 cases; and collection suspension deferrals accounted for 301.1 billion KRW and 27,000 cases.

The early disclosed national tax statistical tables are available on the National Tax Statistics website, the NTS website, and the National Statistical Portal.

An NTS official stated, "We will continue to reflect the diverse opinions of national tax statistics users and proceed earnestly with the second early disclosure (scheduled for November) and the publication of the National Tax Statistical Yearbook (scheduled for December)."

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