The list of individuals and entities with large and habitual unpaid customs duties has been made public. The total amount of unpaid customs duties disclosed exceeds 1.3 trillion won.


The Korea Customs Service announced on November 7 that, in accordance with the Customs Act, it has published the "2025 List of 236 Large and Habitual Delinquent Taxpayers" on its official website.


The purpose of disclosing this list, which has been carried out since 2007, is to encourage voluntary payment by delinquent taxpayers and to prompt public reports of hidden assets, thereby enabling efficient collection of unpaid taxes.


The individuals and entities subject to disclosure are those with unpaid customs duties and domestic taxes of 200 million won or more, with at least one year elapsed since the date of delinquency. Prior to the disclosure, in March, the Korea Customs Service notified 291 large and habitual delinquent taxpayers in advance, providing them with a six-month period to explain their circumstances and encouraging voluntary payment.


Additionally, after review by the Customs Information Committee, 55 individuals and entities who either diligently paid off their delinquent amounts to below 200 million won or were in the process of appealing their cases were excluded from the disclosure list.


The total amount of unpaid taxes for the 236 individuals and entities included in this year’s disclosure is 1.3362 trillion won. Compared to last year, the number of disclosed individuals increased by 12, and the total amount of unpaid taxes rose by 69.1 billion won.


Among these, 33 are newly disclosed delinquent taxpayers (11 individuals and 22 corporations), with a combined unpaid amount of 68.2 billion won. The highest unpaid amount among individuals is 22.8 billion won (Pan Xuerian, 43, electronic cigarette wholesale and retail), while the highest among corporations is 5.2 billion won (Gwanggaeto Nongsan Co., agricultural wholesale).


Among all disclosed delinquent taxpayers this year (170 individuals and 66 corporations), the highest unpaid amount for an individual is 448.3 billion won (Jang Daeseok, 71, sole proprietor in agricultural trade), and for a corporation, it is 17.5 billion won (JL Guide Co., electronic cigarette wholesale and retail).


When categorizing the total unpaid amounts of all disclosed individuals and entities by range, the 500 million to 1 billion won segment accounted for the largest number with 82 cases (35%), followed by nine cases in the 10 billion won or more segment. The combined unpaid amount for these two segments reached 1.0517 trillion won (79%).



Lee Myunggu, Commissioner of the Korea Customs Service, stated, "To establish a fair tax order, the Korea Customs Service has been operating a special collection period targeting long-term, large, and new delinquencies since September to improve the collection rate of unpaid taxes. To effectively trace the hidden assets of intentional and habitual delinquent taxpayers, public interest and active reporting of hidden assets are essential."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing