Sejong-si Expands Eligibility and Limits for Revenue Collection Reward Payments

Sejong City will expand the scope of recipients eligible for rewards for revenue collection and increase the maximum amount of reward payments.

On the 16th, Sejong City announced that the amendment to the "Ordinance on Payment of Rewards for Revenue Collection," which includes these changes, has passed the review by the Sejong City Council.

The ordinance was revised with the intention of encouraging the participation of citizens and public officials in securing stable revenue and expanding benefits for contributors to revenue increase, considering the growing uncertainty in revenue and the simultaneous increase in required budgets.

In particular, Sejong City will remove the previous limitation that regulated reward payments mainly based on city taxes and included only a portion of non-tax revenues, expanding the scope of reward recipients to cover not only city taxes but the entire field of non-tax revenues.

The payment limit per case will also be raised from 300,000 KRW to 500,000 KRW.

Additionally, in cases where actual revenue increases result from creative proposals or system improvements, rewards will be paid for three years, allowing recipients to receive up to 15 million KRW.

Rewards can be received by both citizens and public officials who contribute to revenue increase and the development of tax administration through ▲ discovering hidden revenue ▲ special achievements in collecting overdue payments ▲ creative proposals or system improvements.

The targets for reporting hidden revenue include assets of malicious defaulters who evade tax obligations by hiding taxable amounts or property while living luxuriously, unauthorized users of public property, and unregistered real estate.

If the report contributes to actual revenue increase, a reward of 5 to 15% (up to 100 million KRW) of the collected amount can be paid according to the revenue payment standards.

Reports can be submitted to the Sejong City Tax Source Management Division or Tax Administration Division by mail, fax, or in person, attaching specific documents such as accounting records or sales contracts that can verify hidden assets of evaders or defaulters.

The ordinance will be promulgated and enforced on the 10th of next month.

A Sejong City official said, “Since the scope of rewards for revenue collection has been expanded to cover the entire field of non-tax revenues and the maximum reward amount has been increased, we ask for active reporting from many citizens. We expect that once the system is stably established, it will also contribute to securing revenue.”

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