Gwangju Nam-gu to Investigate Real Estate and Bitcoin of 'High-Amount Tax Delinquents'

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Nam-gu, Gwangju Metropolitan City, is pushing for strong administrative measures such as seizing real estate and automobiles of high-amount habitual tax delinquents who have repeatedly failed to pay taxes, and entrusting customs with delinquency disposition for imported goods purchased by the parties.

In addition, to track hidden assets, they will identify the flow of funds through the Specific Financial Transaction Information system, operate a delinquent tax settlement team linked with each department of the district office, and disclose the list of high-amount and habitual delinquents.

On the 23rd, Nam-gu stated, "High-amount habitual tax delinquency causes frustration to citizens who live diligently and honestly and undermines the trust of the community. We will track hidden assets so that high-amount habitual delinquents can no longer enjoy privileges and uphold the value of tax justice."

There are approximately 1,489 high-amount habitual delinquents managed by the district office within the jurisdiction, and the unpaid taxes by them amount to 7.761 billion KRW.

Among them, 919 people have delinquent local taxes such as automobile tax and property tax exceeding 2 million KRW (4.943 billion KRW), and 570 people have unpaid fees exceeding 2 million KRW (2.818 billion KRW) in the non-tax revenue sector, including shared property usage fees and commissions earned from using public projects.

Accordingly, Nam-gu regards the deliberate evasion of tax payment as an illegal act that destroys community maintenance and the value of tax justice, and plans to mobilize all means to collect delinquent taxes.

First, a non-tax revenue delinquency settlement team will be operated, led by the deputy district mayor and involving seven departments: Taxation Division 1, Land Information Division, Traffic Administration Division, Traffic Guidance Division, Architecture Division, Urban Planning Division, and Construction Division. They will take real estate seizure measures against those who have delinquent amounts exceeding 300,000 KRW.

In particular, a dedicated collection system will be operated to specially manage 85 people with delinquency over 5 million KRW and 485 people with delinquency between 2 million and 5 million KRW, and if they do not pay for more than one year, their names will be disclosed.

Meanwhile, Taxation Division 2 will designate responsible persons for local tax delinquents exceeding 2 million KRW to collect taxes, and if a person whose name has been disclosed due to high-amount habitual delinquency purchases imported goods, customs will be requested to impose delinquency disposition to collect taxes.

Furthermore, to track hidden assets, they plan to trace the flow of funds through the Specific Financial Transaction Information system and collect real estate, nominee accounts, vehicles, tangible assets such as gold and silver, and virtual assets including Bitcoin.

Additionally, if a delinquent taxpayer starts a new business, they will restrict licensed businesses that require administrative approval, and actively request the Ministry of Justice to impose exit bans on those with delinquency exceeding 30 million KRW.

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