"Sincere Tax Payment is the Absolute Foundation of Tax Revenue... 'Hometax 2.0' Project Promotion"
"About 14,000 Tax Audits Conducted... 20% Reduction in Reported Content Compared to Previous Year"

Kim Dae-ji, Commissioner of the National Tax Service, is delivering a greeting at the National Tax Service General Auditorium in the Government Sejong 2 Complex during the nationwide tax office chiefs meeting held on the 15th.

Kim Dae-ji, Commissioner of the National Tax Service, is delivering a greeting at the National Tax Service General Auditorium in the Government Sejong 2 Complex during the nationwide tax office chiefs meeting held on the 15th.

View original image


[Asia Economy Reporter Kwangho Lee] On the 15th, Kim Daeji, Commissioner of the National Tax Service (NTS), stated, "We will thoroughly verify and properly tax from asset acquisition to debt repayment regarding irregular tax evasion exploiting the overheated real estate market."


At the nationwide tax office chiefs meeting held at the Sejong NTS headquarters on the same day, Commissioner Kim said, "We will respond strictly with firm determination against malicious tax evasion and delinquency that take advantage of national difficulties."


Commissioner Kim emphasized, "For malicious high-amount tax delinquents enjoying luxurious and extravagant lifestyles, we will strengthen on-site searches and tracking, and employ various measures including detention orders to respond strongly."


He also expressed his intention to fully support overcoming the novel coronavirus disease (COVID-19) and economic leap from the perspective of tax administration.


Commissioner Kim said, "Recently, as COVID-19 has entered a phase of resurgence, difficulties in people's livelihoods and jobs are intensifying. We must focus available tax administration support to be a pillar for the struggling citizens."


He then ordered, "Operate the total number of tax audits this year at around 14,000, significantly reduced from last year's 16,008 cases, and actively review tax support measures such as reducing verification of reported contents by 20% compared to the previous year."


Additionally, he instructed, "Implement tax verification deferrals and exemptions for self-employed and small business owners, provide customized tax information diversely to companies related to the Korean New Deal, and faithfully support small and medium enterprises' export and investment efforts."


Commissioner Kim also revealed his ambition to implement innovative service-oriented tax administration that supports comfortable tax payment. At his inauguration ceremony on the 21st of last month, he proposed, "Redesign tax services from the public's perspective and completely reform the organization and work processes from the taxpayer's viewpoint."


He stated, "The absolute foundation of tax revenue is the sincere tax payment by the public. Even under difficult conditions, we must provide more evolved, taxpayer-friendly services for those who pay taxes faithfully. The 'Hometax 2.0' project must start precisely at this point. Strengthen the integrated platform functions and enhance user convenience to fundamentally resolve even the 'hidden inconveniences' in the reporting and payment process."


He added, "We must also transform consultation and civil service from the taxpayer's perspective by providing National Tax consultations via social network services (SNS) and introducing online submission of national tax certificates."


Finally, Commissioner Kim said, "Let us overcome the current difficulties together with extraordinary determination and confidence that 'we can do it.' Furthermore, as we face the era of post-COVID-19 transition, let us create a new history of change again," emphasizing, "We will surely realize a new national tax administration that is more comfortable for sincere taxpayers and stricter for intentional tax evaders, 'a better national tax administration comfortable for the people.'"



This meeting was the first tax office chiefs meeting held after Commissioner Kim's inauguration. Considering the social distancing level 2 measures due to COVID-19, only 42 key personnel including regional chiefs, senior officials, and the main department heads in charge of the meeting attended. The tax office chiefs meeting is held twice a year by the National Tax Service.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing