National Tax Service Provides Tax Payment Deadline Extensions and 'Tax Support' to Bereaved Families of Itaewon Accident Victims

Kim Chang-ki, Commissioner of the National Tax Service

[Asia Economy Sejong=Reporter Kim Hyewon] The National Tax Service announced on the 31st that it will provide tax administration support to the bereaved families and families of the injured who are suffering from the Itaewon incident, as well as to taxpayers indirectly affected.

First, the deadlines for filing and paying interim comprehensive income tax and value-added tax will be extended by up to 9 months. If the tax administration support recipients file for early VAT refunds, the payment will be expedited to the end of the filing month as much as possible.

In cases where defaulters apply, the execution of compulsory collection, such as the sale of seized real estate, will be deferred for up to one year.

The day before, Commissioner Kim Chang-gi of the National Tax Service held an emergency countermeasure meeting to discuss these measures. At the meeting, Commissioner Kim instructed participation in efforts to overcome the national crisis, restraint from internal and external events considering the national mourning period, establishment of public service discipline among affiliated employees, and careful conduct in public and private speech and behavior. On the same day, he presided over an expanded executive meeting connected via video with heads of regional offices nationwide and directly requested the same.