tax delinquents Archives | Be Korea-savvy

Gov’t Discloses List of Over 11,000 Habitual Tax Delinquents

SEOUL, Nov. 16 (Korea Bizwire) — The government on Wednesday disclosed a list of more than 11,000 habitual and large-case tax delinquents nationwide, with an e-cigarette importer and retailer topping the list with about 19 billion won (US$14.3 million) in arrears. The list unveiled by the interior ministry on its website contains the names and [...]

City of Seoul Seizes Cryptocurrencies from Tax Delinquents

SEOUL, April 23 (Korea Bizwire) — The Seoul metropolitan government said Friday it has seized the cryptocurrencies of hundreds of top tax delinquents who hid their assets in digital form, becoming the country’s first local government to do so. The city government said its tax collection department found the cryptocurrencies of 1,566 individuals and heads [...]