Gwangju City Imposes 182,000 Regular Automobile Tax Cases

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 16th that it has imposed 182,000 cases of regular automobile tax for December this year, totaling 22.3 billion KRW.

The automobile tax is a tax imposed on the owner registered in the registration ledger of automobiles, motorcycles, and machinery equipment as of the tax base date, December 1.

The automobile tax to be paid this time is for the ownership period of six months from July 1 to December 31, and the payment period is from this day until the 31st of this month.

If the annual automobile tax was prepaid at once in January or if the automobile tax was prepaid in March, June, or September, this automobile tax will not be imposed.

Gwangju City plans to actively encourage automobile tax payment through various promotions, such as hanging banners at district offices and administrative welfare centers and posting notices on bulletin boards and inside elevators of apartment complexes to facilitate smooth payment within the deadline.

The automobile tax can be paid at all financial institutions nationwide, and even without a tax payment notice, it can be paid with a bankbook, cash card, or credit card at ATMs of all banks nationwide.

In addition, to prevent the spread of COVID-19, payments can be conveniently made non-face-to-face without visiting financial institutions directly by using internet/mobile banking of the transaction bank, Wetax, or the automated response system.

Since June, when using the ‘Local Tax Revenue Account’ in effect, payments made via internet/mobile banking, cash dispensers (CD), and automated teller machines (ATM) of 21 financial institutions nationwide can be exempted from transfer fees even outside bank business hours.

Kim Dong-hyun, the city’s tax administration officer, said, “If the automobile tax payment deadline is missed, an additional 3% surcharge will be imposed, so we hope that payments are made within the deadline to avoid disadvantages due to automobile tax delinquency.”

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