Jeonnam Province Publishes List of 'High-Amount and Habitual Local Tax Delinquents'... Delinquent Amounts Total 77.5 Billion Won

[Muan=Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Jeonnam Province has disclosed the list of ‘high-amount and habitual local tax delinquents.’

On the 18th, Jeonnam Province announced that it simultaneously disclosed the list of 1,463 high-amount and habitual local tax delinquents (delinquent amount of 77.5 billion KRW) on the websites of the Ministry of the Interior and Safety, Jeollanam-do, and city/counties.

The total delinquent amount of all disclosed subjects is 77.5 billion KRW. Among them, individuals number 995 with 38.6 billion KRW, and corporations number 468 with 38.9 billion KRW.

This year, 249 newly added subjects were disclosed with a delinquent amount of 9 billion KRW. The scale of delinquent amounts decreased by 800 million KRW compared to last year’s 78.3 billion KRW.

The highest delinquent amount among the disclosed is a corporation, a construction company located in Gwangyang-si, with a delinquent amount of 5.5 billion KRW including acquisition tax.

For individuals, Mr. L, who was engaged in real estate rental business in Mokpo-si, has a delinquent local income tax amounting to 1.6 billion KRW.

The main reasons for delinquency were found to be bankruptcy, business closure, and management difficulties.

Along with the disclosure of local tax delinquents, the province also disclosed the list of 12 high-amount and habitual local administrative sanctions and charges delinquents (delinquent amount of 700 million KRW).

The reasons for their delinquency include fines for violations of the ‘Real Rights Registration Act for Real Estate’ and others.

The disclosure targets for high-amount and habitual local tax delinquents are taxpayers who have been delinquent for more than 10 million KRW for over one year as of January 1 each year, who have undergone a prior notification period of at least six months, and whose delinquency of over 10 million KRW continues until the disclosure date.

From April to September, the province induced voluntary payment of 1.3 billion KRW from 28 people during the prior notification period.

Going forward, the province plans to continue active administrative sanctions such as property seizure, public auction, business license restrictions, and credit delinquency registration against high-amount and habitual delinquents.

Wi Hunryang, head of the Taxation Division of Jeonnam Province, said, “Although everyone is facing difficulties due to the prolonged COVID-19 pandemic, we will focus on managing high-amount and habitual delinquents with intentional delinquency to establish a culture of sincere tax payment.”

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