Innovation in Work Procedures, Expansion of Fiscal Revenue Platforms... KAMCO Holds Tax Settlement Project Strategy Meeting

Online Meeting Held with Participation of 12 Regional Headquarters

Employees are discussing at the '2022 Tax Settlement Project Strategy Meeting' held on the 23rd at the Korea Asset Management Corporation (KAMCO) headquarters in the Busan International Finance Center (BIFC). (Provided by KAMCO)

[Asia Economy Reporter Minwoo Lee] Korea Asset Management Corporation (KAMCO) held its tax settlement business strategy meeting this year and established four major goals: sustainable innovative growth, business process innovation, expansion of fiscal revenue platforms, and realization of social responsibility.

On the 24th, KAMCO announced that it held the '2022 Tax Settlement Business Strategy Meeting' at its headquarters in the Busan International Finance Center (BIFC) the previous day, with 12 regional headquarters participating online.

Through the meeting, it set these four strategic goals aiming to leap forward as a '2030 future-leading national fiscal support specialized institution.' KAMCO plans to gradually implement 24 detailed tasks, including establishing a stable business foundation, promoting new growth businesses, improving working methods and business processes, enhancing tax administration services, and expanding inclusive proactive administration.

In particular, since the amendment of the National Tax Collection Act in January last year is expected to increase requests for auction agency of delinquent properties one year after seizure, KAMCO is preparing to strengthen internal expertise, collaborate with external organizations, and implement a next-generation tax settlement system incorporating robotic process automation (RPA).

Kim Gwisoo, Head of Household Support Division at KAMCO, stated, "We will meticulously carry out the strategic goals and detailed tasks discussed today to firmly lay the foundation as a future-leading national fiscal support specialized institution."

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