[Second Release of National Tax Statistics] Recovery of 2.0268 Trillion KRW from High-Value Tax Delinquents' Assets

[Asia Economy Reporter Kwangho Lee] It has been revealed that the assets tracked and recovered from high-value tax delinquents last year amounted to 2.027 trillion won.

On the 12th, the National Tax Service (NTS) made a second early release of national tax statistics containing this information.

The NTS provides statistics that can be produced throughout the year in advance for prompt use of related information before publishing the annual National Tax Statistical Yearbook every December.

This release includes a total of 86 statistical tables, such as performance records of asset tracking investigations on high-value tax delinquents. In July, 95 statistical tables were released in the first phase. The total of 181 statistical tables released early this year is 11 more than last year's early release (170 tables).

By category (item), there are 20 tables on corporate tax, 16 on value-added tax, 11 on consumption tax, 8 on electronic tax sources, 8 on international taxation, 5 on general (collection), 5 on tax audits, 4 on inheritance and gift tax, 4 on appeals, 2 on electronic filing, and 3 on student loan repayment.

The statistical tables can be accessed on the National Tax Statistics website, the NTS website, and the National Statistical Portal (KOSIS).

The amount collected or secured through tracking investigations of high-value tax delinquents by the NTS last year was 2.0268 trillion won, an increase of 27.8% compared to 2015.

In particular, cash collection performance increased by 42.9% compared to 2015, showing a much larger increase than the secured claims performance such as seizure (13.8%).

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