Seoul City and 25 Districts Conduct Joint Crackdown on Car Tax Delinquencies... Delinquent Amount 158.8 Billion Won
Seoul City Implements Strong Delinquent Vehicle Plate Seizure and Towing Across All Districts
318,000 Vehicles Delinquent on Automobile Tax, 158.8 Billion KRW
119,000 Vehicles Habitually Delinquent Over 4 Times
[Asia Economy Reporter Lim Cheol-young] On the 13th, the Seoul Metropolitan Government will deploy 300 tax officials across all 25 autonomous districts to conduct a crackdown on delinquent automobile tax payments and to seize and tow vehicles with overdue license plates.
According to Seoul City, the number of vehicles with overdue automobile tax is 318,000, accounting for 10.0% of the total 3,184,000 registered vehicles in Seoul. The amount of delinquent automobile tax reaches 158.8 billion KRW, representing 6.3% of the city's total tax arrears.
In particular, vehicles that have habitually failed to pay automobile tax more than four times number 119,000, with delinquent automobile tax amounting to 133.5 billion KRW, accounting for 84.1% of the total automobile tax arrears.
Among automobile tax delinquents, the highest individual arrear is 7,995 cases totaling 1.175 billion KRW, while the highest corporate arrear is 4,110 cases amounting to 591 million KRW. Seoul City plans to crack down on high-value delinquent vehicles, which are likely to be "dapo" (ghost) vehicles, and to settle the outstanding tax during this operation.
Hot Picks Today
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- Trump Team Tosses All 'Items Received in China' into Trash Before Boarding Private Jet
- While Everyone Focused on Samsung and Nix, This Company Soared 50%... Hit Record Highs for 4 Days [Weekend Money]
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
Lee Byung-han, Director of the Seoul Metropolitan Government's Finance Bureau, stated, "The comprehensive crackdown on vehicles with overdue automobile tax is being implemented to spread the awareness that paying automobile tax is a basic responsibility when owning and operating a vehicle." He added, "We plan to continue strong collection activities so that the majority of citizens who pay diligently do not feel relatively deprived as a result of this crackdown."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.