Gimpo City Steps Up Pressure on Major Local Tax Delinquents, Fully Recovers 200 Million Won

Key points in 3 lines

1. Gimpo City's tax collection task force has uncovered tax evasion using trust-held real estate and fully recovered a total of 209 million won in delinquent taxes, the city said.
2. Since March, the city has analyzed trust registers and identified cases in which the trustor's status had been transferred, saying all seven delinquent cases were paid just before enforcement procedures.
3. Starting in April, the city also began criminal investigations and collected 10 million won, and said it would respond to asset concealment with a "zero-tolerance policy."

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