List of 9,668 High-Amount Tax Delinquents Released ... Om Mun-cheol Owes 14.6 Billion, Ranked 1st for 4 Consecutive Years (Comprehensive)

The Largest Number of Delinquencies Falls in the 10 to 30 Million KRW Range

[Asia Economy Reporter Jo In-kyung] Former Bohae Savings Bank CEO Oh Moon-cheol (65) has still not paid local taxes amounting to 14.6 billion KRW. Former Emsonsoft CEO Kang Young-chan (39) was listed among high-amount tax delinquents for owing 5.7 billion KRW.

The Ministry of the Interior and Safety and local governments disclosed on the 18th the list of 9,668 high-amount tax delinquents (individuals and corporations) who have failed to pay local taxes or local administrative fines and charges of 10 million KRW or more for over a year.

The total amount owed by 8,720 local tax delinquents was 424.364 billion KRW, with an average delinquency of about 48.6 million KRW per person (or company).

There were 4,465 local tax delinquents in the Seoul, Gyeonggi, and Incheon metropolitan areas, accounting for 51.2% of the total, with delinquent amounts totaling 233.452 billion KRW, representing 55.0%.

By delinquency amount range, those owing between 10 million KRW and 30 million KRW numbered 5,344, with a total delinquency of 98.391 billion KRW, the largest group.

By industry, local tax delinquents were most common in manufacturing (12.8%), wholesale and retail trade (12.6%), construction and architecture (9.3%), and services (9.1%). By age group, 50s accounted for 34.4%, 60s for 24.5%, 40s for 20.7%, 70s for 9.1%, and 30s and below for 7.2%.

Former CEO Oh topped the individual delinquency list for four consecutive years since 2017, owing 14.687 billion KRW in local income tax. Second place was former Hansol Group Vice Chairman Cho Dong-man (63), who failed to pay 8.325 billion KRW in resident tax.

Among corporations, Dream Hub Project Finance Investment Co., Ltd., the former developer of the Yongsan Station area, maintained the highest delinquency amount at 55.214 billion KRW.

Among newly listed high-amount habitual delinquents this year, individual Kang (5.755 billion KRW) and corporation New Green General Construction (2.256 billion KRW) had the largest delinquent amounts.

The total delinquency amount for 948 local administrative fines and charges delinquents was 90.5 billion KRW. The top individual delinquent in this category was Lee Ha-jun (57), who owed 2.957 billion KRW, and the top corporation was the Yongin Yeoksam District Urban Development Association, which failed to pay 39.42 billion KRW.

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