Seongnam-si, Seizure of Overdue Vehicles

Seongnam City Hall

Seongnam City in Gyeonggi Province seized vehicles owned by 899 delinquent taxpayers last year to collect overdue non-tax revenues. The total number of delinquent cases and the amount owed were 1,121 cases and 560 million KRW, respectively.

The main delinquent items include ▲late fees for delayed vehicle inspections (507 cases, 120 million KRW) ▲compensation fees (6 cases, 54 million KRW) ▲penalties for violations of the Automobile Damage Compensation Guarantee Act (40 cases, 14 million KRW), among others.

The seized vehicles are registered as seized on the vehicle registration records, making it impossible to exercise property rights such as ownership transfer, sale, or cancellation. Additionally, the statute of limitations for collection rights (5 years) is suspended until the seizure is lifted.

Seongnam City is actively carrying out various delinquency measures, including replacing seizures on vehicles that are deregistered, to secure claims.

A Seongnam City official stated, "In addition to vehicles owned by delinquent taxpayers, we will frequently seize real estate, deposits, and other assets to prevent long-term delinquencies and increase collection rates."

Meanwhile, Seongnam City encourages installment payments for livelihood-type delinquent taxpayers who are facing financial difficulties.

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