National Tax Service Signs Business Agreement with Mubo to Preferentially Support Model Taxpayers

Providing Trade Insurance Premium Discounts and Subscription Limit Benefits to Model Taxpayers

[Asia Economy Reporter Kwangho Lee] The National Tax Service announced on the 7th that it has signed a Memorandum of Understanding (MOU) with the Korea Trade Insurance Corporation to provide preferential benefits such as trade insurance discounts to exemplary taxpayers.

This agreement aims to expand preferential benefits for exemplary taxpayers to promote a mature tax culture where diligent taxpayers are respected and favored.

Exemplary taxpayers who receive awards on Taxpayer's Day each year will be eligible, starting from January next year, for a 20% discount on trade insurance premiums and a 50% preferential increase in trade insurance subscription limits when using trade insurance from the Korea Trade Insurance Corporation.

Kim Dae-ji, Commissioner of the National Tax Service, stated, "We will continue to discover substantial preferential benefits for exemplary taxpayers who faithfully fulfill their tax obligations, and strive to spread a culture of voluntary and sincere tax payment."

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