Local Taxes: 219 People · 9.9 Billion KRW / Local Administrative Penalties and Charges: 18 People · 380 Million KRW

[Image source=Gangwon-do]

[Image source=Gangwon-do]

View original image

[Asia Economy Reporter Ra Young-cheol] Gangwon Province disclosed the list of high-amount and habitual tax delinquents within the province on the 16th.


Gangwon Province announced on the same day, "We have finalized and publicly disclosed 237 habitual delinquents who owe local taxes of 10 million KRW or more that have been overdue for more than one year from the date of occurrence of the delinquency, including local taxes and local administrative sanctions and levies."


According to the data disclosed by the province, local tax delinquents include 173 individuals owing 6.3 billion KRW and 46 corporations owing 3.6 billion KRW, including 30 individuals whose delinquent amounts are combined nationwide.


Local administrative sanctions and levies delinquents include 15 individuals owing 310 million KRW and 3 corporations owing 72 million KRW.


To select the subjects, the province conducted the first review in March through the 'Gangwon Province Local Tax Deliberation Committee,' encouraged payment from delinquents, provided a six-month opportunity for explanation, and held a second review this month to finalize the list of those to be publicly disclosed.


Among the cities and counties in the province, Wonju had the highest number of individuals on the disclosure list, followed by Chuncheon and Pyeongchang.


The main cause of high-amount delinquencies for local taxes was local income tax incurred from real estate transfers, while for local administrative sanctions and levies, it was enforcement fines related to farmland and buildings.


The list of those subject to public disclosure can be checked on the Gangwon Provincial Government website, the Ministry of the Interior and Safety website, and Wetax (local tax payment site).



Kim Han-su, Director of Planning and Coordination at the province, stated, "For delinquents who deliberately conceal assets or evade tax payments, we plan to collect delinquent amounts through various enforcement measures such as asset concealment investigations, travel bans, property seizures, and public auctions, in addition to public disclosure of their names."


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