Gyeonggi Province disclosed the list of habitual tax delinquents owing more than 10 million won on the 16th.

Gyeonggi Province disclosed the list of habitual tax delinquents owing more than 10 million won on the 16th.

View original image

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province disclosed the list of 2,819 high-amount and habitual defaulters who have not paid local taxes or local administrative penalties and charges exceeding 10 million won for over a year on the 16th on the Gyeonggi Province website and Wetax (local tax payment site).


Local taxes include acquisition tax, property tax, local income tax, and other taxes imposed by local governments. Local administrative penalties and charges are sources of revenue other than taxes, including fines for illegal acts such as surcharge, enforcement penalty, compensation fee, and levies related to specific public interest projects.


The high-amount and habitual local tax defaulters disclosed this time include 1,765 individuals and 668 corporations. Their unpaid amounts total 123.2 billion won, with individuals owing 93.1 billion won and corporations 30.1 billion won.


The local administrative penalties and charges defaulters include 330 individuals and 56 corporations. The unpaid amounts total 36 billion won, with individuals owing 20.1 billion won and corporations 15.9 billion won. The list also includes 20 foreigners.


Before disclosing the defaulters' list, the province sent advance notice letters to 3,639 local tax and local administrative penalties and charges defaulters in March, pursuant to Article 11 of the Local Tax Collection Act and Article 7-3 of the Act on Collection of Local Administrative Penalties and Charges, allowing a six-month period for submitting explanatory materials. During this period, 1,158 people paid 16.4 billion won of local taxes and local administrative penalties and charges. Those who did not pay during the explanation period are subject to disclosure.


Regarding the distribution of unpaid amounts by range among the disclosed defaulters, 1,888 people (67% of the total) owe between 10 million won and less than 30 million won. Next are 408 people (14.4%) owing between 30 million won and less than 50 million won, 310 people (11.0%) owing between 50 million won and less than 100 million won, and 213 people (7.6%) owing 100 million won or more.


The top corporate local tax defaulter on the disclosed list is the Urban Development Project Association located in Yongin, which failed to pay 2 cases including property tax totaling 2.9 billion won. The top corporate local administrative penalties and charges defaulter is a land development project corporation located in Icheon, which did not pay 5.3 billion won in metropolitan transportation facility charges.


The top individual local tax defaulter is Mr. Lim, residing in Ansan City, who failed to pay 7 cases including local income tax totaling 12 billion won. The top individual local administrative penalties and charges defaulter is Mr. Jang, residing in Seoul, who has not paid 1.6 billion won in enforcement penalties under the Special Measures Act on the Designation and Management of Development-Restricted Areas imposed by Namyangju City.


Ryu Young-yong, Director of the Tax Justice Division of the province, explained, "Following the disclosure of the defaulters' list, we plan to implement strong administrative sanctions such as restricting licensed businesses, property seizure, house searches, and forced auctions." He added, "Especially for malicious concealment of assets and tax evasion, we plan to take strong measures such as travel bans regardless of nationality."



The disclosed list of high-amount defaulters includes the defaulters' names, business names (corporate names and representatives), ages, addresses, types of unpaid taxes, and unpaid amounts.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing