“Pursuing Collection to the End” Seoul Customs-Seoul City Jointly Respond to Large and Malicious Tax Delinquencies

Customs and local governments will jointly respond to high-value and malicious tax delinquents.

The Korea Customs Service Seoul Customs Office announced on the 7th that it signed a "Business Agreement for Joint Response to Tax Delinquents" with the Seoul Metropolitan Government. The agreement was signed as an extension of the ongoing discussions since last year between the two organizations on joint response measures to track and collect hidden assets of common customs and local tax delinquents.

Seokmoon Lee, Commissioner of Seoul Customs (right), is signing a business agreement with Jinman Kim, Director of the Seoul Metropolitan Government Finance Bureau, at Seoul Customs on the 7th. Following the agreement, both organizations plan to strengthen collection activities targeting high-value and malicious tax delinquents. Provided by Korea Customs Service

Based on the agreement, the two organizations plan to strengthen forced collection activities targeting high-value and malicious tax delinquents, including conducting regular joint home searches.

In addition, the Korea Customs Service will provide Seoul with information on delinquents' imports and high-value goods purchases, while Seoul will share taxpayer investigation data such as business information with the Customs Service to enhance the effectiveness of collection activities.

Earlier, in June last year, the two organizations conducted joint home searches and movable property seizures among public institutions, supplementing the limitations of collection activities managed separately by each institution and presenting a new cooperation model.

Separately, since 2021, the Korea Customs Service has been entrusted with delinquent disposition by local governments and has been seizing goods imported by delinquents. Last year, it also achieved the seizure of imported goods worth approximately 35 million KRW from 19 high-value delinquents managed by the Seoul Metropolitan Government.

Lee Seok-moon, Commissioner of Seoul Customs, said, "This is the first case where a national agency (Customs) and a local government (Seoul) have signed a business agreement to jointly respond to tax collection," adding, "We expect that the two organizations will create a synergy effect in effectively collecting high-value and malicious delinquent taxes through their specialized collection techniques."

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