National Tax Service Awards 19 Billion KRW in Rewards for Various Tax Evasion Reports Last Year
[Asia Economy Reporter Kwangho Lee] The National Tax Service (NTS) paid out over 19 billion won in rewards last year for various reports including tax evasion.
According to data submitted by the NTS to Rep. Choo Kyung-ho of the United Future Party on the 23rd, the NTS paid a total of 19.048 billion won (9,905 cases) in six types of report and notification rewards last year.
In 2017, 16.286 billion won (9,313 cases) was paid, and in 2018, 16.938 billion won (9,618 cases) was paid.
The NTS reward categories include tax evasion report rewards, nominee account report rewards, hidden asset report rewards, refusal to issue cash receipt report rewards, failure to issue cash receipt report rewards, overseas financial account report rewards, identity concealment report rewards, and corruption report rewards, totaling eight types.
Among these, failure to issue cash receipt report rewards accounted for the highest number with 4,920 cases. This was followed by refusal to issue cash receipt report rewards with 2,742 cases, nominee account report rewards with 1,784 cases, and tax evasion report rewards with 410 cases.
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The amounts paid in rewards were 14.964 billion won for tax evasion report rewards, 1.784 billion won for nominee account report rewards, and 1.256 billion won for failure to issue cash receipt report rewards, in that order.
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