Seongnam City Conducts 'Comprehensive Survey' of Overdue Non-Tax Revenue Debtors Nearing Statute of Limitations

Seongnam City Hall

[Asia Economy (Seongnam) = Reporter Lee Young-gyu] Seongnam City in Gyeonggi Province has launched a full property investigation on 549 delinquent taxpayers whose non-tax revenue claims are nearing the statute of limitations.

Seongnam City announced on the 11th that since the 9th, it has begun a full property investigation on 549 individuals with 973 cases of non-tax revenue delinquencies amounting to 260 million KRW, for which the 5-year statute of limitations on collection rights will expire this year.

The city is checking the delinquent taxpayers' real estate and automobiles through the National Land Information System and the Ministry of Land, Infrastructure and Transport's Automobile Management System, and conducting a full investigation of their workplaces and financial assets such as bank deposits. If new assets are discovered, immediate delinquency measures will be taken on the unpaid non-tax revenues.

Additionally, by accurately identifying the status of delinquent taxpayers, the city will encourage installment payments for those struggling with livelihood issues due to COVID-19, and for those who are insolvent or missing and thus uncollectible, it will carry out write-offs and other post-management measures.

A city official emphasized, "We will correct the mistaken perception among some citizens that 'write-off means the extinction of tax obligations' to prevent moral hazard among delinquent taxpayers," adding, "We will collect all delinquent amounts to the end so that the majority of sincere taxpayers do not feel relatively deprived and to foster a healthy taxpaying culture."

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