Gyeonggi-do Conducts Home Searches on 90 High-Value Tax Delinquents with Unused Checks Issued... Collects 2 Billion Won

A check seized through a home search of a delinquent taxpayer

Gyeonggi Province collected 2 billion KRW through house searches targeting high-value tax delinquents who issued checks as a means of tax evasion and kept them in custody among those owing more than 10 million KRW this year.

Since 2021, Gyeonggi Province has been the first in the country to investigate unused checks issued by high-value tax delinquents and continuously utilize house searches and other measures. The fact that checks were issued but not used is considered evidence of financial capacity and ability to pay taxes.

On the 22nd, Gyeonggi Province announced that out of 308 delinquent taxpayers preliminarily investigated, 218 were excluded due to unknown residence, full payment, installment payment, or death, and house searches were conducted on the remaining 90 individuals, resulting in the collection of 2 billion KRW in taxes through checks, cash, and other means.

Major seized items include ▲ 32 high-end luxury bags such as Hermes and Chanel ▲ dozens of expensive precious metals including gold bars and gold turtles ▲ golf clubs and premium liquor.

Ryu Young-yong, Director of the Tax Justice Division of Gyeonggi Province, stated, "We plan to conduct intensive house searches and collect delinquent taxes from unscrupulous delinquents who continue to evade taxes despite having financial means. We will utilize all legal procedures and continuously develop various collection techniques to realize fair taxation and practice tax justice."

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