Daegu City Publishes List of 326 High-Amount and Habitual Tax Delinquents ... Local Taxes Over 10 Million Won

Including 9 Individuals with Unpaid Local Administrative Sanctions and Charges

The autumn foliage coloring Donghwa District of Palgongsan, Dong-gu, Daegu.
[Image source=Yonhap News]

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 18th, Daegu City disclosed the list of 326 high-amount and habitual defaulters of local taxes and local administrative sanctions and charges (317 for local taxes, 9 for local administrative sanctions and charges) on the city hall website and public announcements.

The disclosed individuals are those who have overdue local taxes or local administrative sanctions and charges of 10 million KRW or more, with the delinquency period exceeding one year.

After the first selection of defaulters by the Daegu City Local Tax Deliberation Committee in February this year, a period of more than six months was given for explanation, followed by a second review and verification by the committee in October to finalize the list.

Among the 317 high-amount and habitual local tax defaulters, 239 are individuals (9.7 billion KRW), and 78 are corporations (3.6 billion KRW). The total overdue amount is 13.3 billion KRW, with an average delinquency of about 42 million KRW per person (or company). The highest individual defaulter is Mr. Ahn Jong-su, who owes 1 billion KRW, and the highest corporate defaulter is Youngjin Infracon Co., Ltd., which owes 700 million KRW.

Looking at the distribution by delinquency amount, 217 defaulters (68.4%) owe between 10 million and 30 million KRW. Fifty defaulters (15.8%) owe between 30 million and 50 million KRW, 31 defaulters (9.8%) owe between 50 million and 100 million KRW, and 19 defaulters (6.0%) owe more than 100 million KRW.

Among the 239 individual defaulters, those in their 50s make up the largest group at 37.6% (90 people), followed by those in their 40s at 22.2% (53 people), and those in their 60s at 19.7% (47 people).

Kim Jeong-gi, Director of Planning and Coordination at Daegu City, stated, "To ensure that diligent taxpayers do not feel relatively deprived, we plan to enforce collection measures against high-amount and habitual defaulters not only through this disclosure but also by utilizing all capabilities, including providing credit information, restricting business permits, requesting travel bans, and investigating hidden assets."

Meanwhile, the system for disclosing the list of high-amount and habitual local tax defaulters was introduced in 2006 to collect overdue amounts through social pressure by revealing defaulters’ personal information and to promote a mature taxpaying culture.

To enhance the effectiveness of the disclosure, the delinquency period (from over 2 years to over 1 year) and the threshold amount (from 100 million KRW to 30 million KRW to 10 million KRW) have been expanded. The disclosure system for defaulters of local administrative sanctions and charges has been in place since 2018.

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