Yangsan-si to Operate Comprehensive Delinquent Payment Collection Period Until June

Support for COVID-19 Victims, Focus on Collection from High-Amount and Habitual Tax Delinquents

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Yangsan City, Gyeongnam Province announced on the 15th that it will operate a period for the comprehensive collection of overdue payments until June to collect 44.6 billion KRW of overdue payments carried over this year.

For small business owners affected by decreased sales due to the novel coronavirus infection (COVID-19) and livelihood-type defaulters, payment consultations will be provided to encourage installment payments, and enforcement of overdue payment measures and restrictions on licensed businesses will be deferred to support economic recovery.

For vehicles with overdue automobile tax and fines, efforts will be made to create an atmosphere for voluntary payment in advance by attaching a notice of impending plate seizure rather than actual plate seizure.

Among about 70 high-amount defaulters owing more than 10 million KRW, those who have the ability to pay but deliberately avoid payment as chronic and habitual defaulters will be actively subjected to enforcement measures such as property seizure after identifying financial assets using real estate and credit information networks, and strong administrative sanctions such as travel bans and public disclosure of names will be implemented.

A Yangsan City official said, “We will be considerate to defaulters who are economically struggling due to COVID-19 and other reasons,” adding, “However, we will do our best to realize tax justice through strong collection activities against unscrupulous chronic and habitual defaulters who have the ability to pay.”

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