Ulsan City Intensifies Collection of Large Tax Arrears... 2.97 Billion KRW Collected

Achieved 101.1% of Collection Target... Collection Amount Increased by 800 Million KRW Compared to Last Year

Focused Management on 721 High-Value Delinquents Through Investigation and Hidden Asset Tracking

Ulsan City announced that the Special Mobile Collection Team, a dedicated organization for high-amount tax delinquency, collected 2.97 billion KRW from 307 high-amount delinquent taxpayers through intensive collection activities throughout 2024.

This amount corresponds to 101.1% of the 2024 collection target and represents an increase of 800 million KRW (36.8%) compared to the 2023 collection amount.

The Special Mobile Collection Team received the transfer of 721 high-amount delinquent taxpayers and 14.7 billion KRW from the districts and counties in 2024.

They conducted thorough investigations including on-site visits, tracking of hidden assets, and actions against tax evaders, carrying out multifaceted asset tracking investigations nationwide through financial institutions, courts, and administrative agencies, focusing on collection activities until the end of the year.

As a result, they achieved the seizure of 576 cases worth 10.4 billion KRW, including real estate, automobiles, financial assets, and other claims.

Additionally, bold administrative sanctions were imposed on a total of 353 high-amount delinquent taxpayers, including registration of delinquency information for 206 individuals at the Korea Credit Information Services, public disclosure of 64 delinquent taxpayers, travel bans on 39 individuals, designation of secondary taxpayers for 26 individuals, criminal prosecution of 2 individuals, and public auction of seized assets for 16 individuals (29 cases).

An official from Ulsan City stated, “We plan to persistently track and collect assets from high-amount delinquent taxpayers who maliciously evade taxes by hiding assets despite having the ability to pay. We will strongly respond with a zero-tolerance policy against unscrupulous delinquent taxpayers to foster a culture of sincere tax payment and realize tax justice.”

Ulsan City will also do its best to provide economic recovery opportunities by suspending collection actions and deferring the settlement of uncollectible amounts for low-income livelihood-type delinquent taxpayers who have fallen into welfare blind spots due to the recent economic downturn, linking them with the welfare system.

▲ Cases of collection through creative and persistent hidden asset tracking activities

For four malicious high-amount delinquent taxpayers who hid assets, lived in luxury large apartments registered under family members’ names, and drove luxury cars, forced collection including house searches was conducted, collecting 148 million KRW in delinquent taxes.

By analyzing court auction distribution tables for properties under auction by delinquent taxpayers, they quickly identified delinquent taxpayers expected to receive auction proceeds that are easy to overlook, seized these assets, and collected 52 million KRW through debt collection in two cases.

In cases where delinquent taxpayers intentionally avoid inheritance or fail to register inheritance to evade tax payment, subrogation registration was carried out on inherited properties, seizing eight inherited real estate properties and publicly auctioning four of them, collecting 24 million KRW.

Through on-site investigations, it was identified that a delinquent taxpayer was eligible for a national tax evasion reward. By checking the National Tax Service’s evasion reward system, the entire reward amount payable to the delinquent taxpayer was seized and collected, resulting in 65 million KRW in delinquent tax collection.

In collaboration with Ulsan City, districts/counties, and the National Police Agency, a joint crackdown on delinquent vehicles was conducted in April. They continuously tracked vehicles owned by high-amount delinquent taxpayers, taking measures such as wheel locks and forced towing, publicly auctioning 12 vehicles and collecting 34 million KRW in delinquent taxes.

Regarding a foreign delinquent taxpayer who previously played as a player for the Ulsan professional soccer team but left the country three years ago without paying local income tax, persistent tracking and encouragement activities were conducted by visiting the professional soccer team and tracking the team where the player is currently active abroad, including sending delinquency notices in foreign languages, resulting in full collection of 11 million KRW in delinquent taxes.