Gyeonggi Province Launches 100-Day Intensive Crackdown on Malicious Tax Delinquents... Expects 140 Billion Won Recovery

Gyeonggi Province is launching a rigorous 100-day campaign to collect overdue taxes from malicious high-value tax delinquents. To this end, the provincial government will operate an "On-site Collection Task Force (TF)" and a "Tax Source Discovery TF." Through these efforts, Gyeonggi Province expects to secure approximately 140 billion won in tax revenue. In addition, the province will conduct a survey to investigate tax evaders who have changed their nationality or engaged in identity laundering to avoid taxes.

On October 1, Gyeonggi Province spokesperson Kang Minseok held a press conference on "Measures for Collecting Taxes from High-Value Delinquents" and stated, "Governor Kim Dongyeon has given special instructions to thoroughly track down and collect unpaid taxes from high-value delinquents." He added, "Accordingly, starting today, Gyeonggi Province is launching an all-out, high-intensity tax collection campaign for the next 100 days."

Governor Kim Dongyeon previously presided over a meeting on September 30 regarding "Zeroing Out Tax Evasion Sources Including High-Value Delinquent Collections," where he directed, "Thoroughly track down and collect the hidden assets of high-value, intentional, and habitual tax delinquents."

He further emphasized, "We must establish tax justice and eradicate chronic tax delinquency practices so that diligent taxpayers do not feel a sense of relative deprivation."

Currently, there are 2,136 high-value tax delinquents in the province who owe more than 10 million won each, with their total overdue taxes amounting to 205.8 billion won. Gyeonggi Province believes that a significant number of these individuals are using sophisticated methods such as hiding assets or transferring ownership under false pretenses to avoid paying taxes.

Gyeonggi Provincial Government

Gyeonggi Province will immediately establish two TFs-an "On-site Collection TF" and a "Tax Source Discovery TF"-to begin the "100-Day Operation."

The On-site Collection TF will be led by the head of the Tax Justice Division and consist of 12 members divided into five teams. They will conduct a thorough investigation into the collectability of taxes from the 2,136 high-value delinquents, and directly visit homes and business sites with high collection potential. If they discover expensive movable property or hidden assets, they will immediately seize them. The seized items will be sold through online public auctions starting in November. The province expects to recover approximately 60 billion won in taxes through on-site collections.

The Tax Source Discovery TF will be led by the head of the Taxation Division and consist of 18 members divided into three teams. This TF will conduct comprehensive investigations into the improper use of luxury assets such as high-end residences, newly constructed buildings, and tax-exempt properties. They will also focus on whether tax-exempt properties like farmland have been misused or left unused for extended periods after receiving tax benefits. Gyeonggi Province projects that addressing these tax evasion blind spots will result in the recovery of 80 billion won in taxes.

By operating these two TFs, Gyeonggi Province expects to secure a total of 140 billion won in tax revenue over the 100-day period.

Additionally, the province will carry out a survey targeting tax delinquents who have engaged in identity laundering, such as changing their nationality. The investigation will scrutinize whether these individuals own domestic assets, and, if so, proceed with seizure and collection.

Spokesperson Kang Minseok stated, "Governor Kim Dongyeon believes that there should not be a world so far removed from ordinary people who, no matter how difficult things get, always pay their taxes first." He added, "Accordingly, Gyeonggi Province has launched an ultra-high-intensity tax collection campaign targeting malicious high-value delinquents for the next 100 days."

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