Gyeonggi-do Strengthens On-Site Actions Including Home Searches for Habitual Tax Delinquents

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is significantly strengthening on-site activities such as home searches for habitual tax delinquents.

On the 23rd, Gyeonggi Province announced that during the first half of this year, it will intensify on-site collection activities, including home searches, targeting high-amount and habitual tax delinquents with unpaid taxes exceeding 10 million won who are judged to have sufficient payment ability but do not pay taxes.

The province plans to dispose of the seized items through public auction in September.

Through home searches, the province will focus on investigating acts such as issuing high-value checks and then storing or hiding them at home, and driving luxury imported cars while delaying tax payments.

It will also investigate cases such as transferring real estate to family members as gifts, intentionally renouncing real estate inheritance to avoid seizure due to delinquency, and conducting cash transactions.

The September auction will be conducted both online and offline, considering the COVID-19 situation.

Kim Min-kyung, Director of the Tax Justice Division of the province, explained, "Home searches and seizures will be carried out mainly targeting malicious delinquents who drive luxury imported cars or have sufficient payment ability but embezzle assets. We will make further efforts to foster a culture of sincere tax payment and realize fair taxation."

Last October, Gyeonggi Province collected a total of 460 million won in delinquent taxes through the nation’s first non-face-to-face online electronic auction. A total of 500 seized items were listed in the online electronic auction, 436 items were successfully bid on, and 41 items had their delinquent taxes voluntarily paid just before the auction.

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