Osan City Holds Briefing on High-Value Tax Arrears Resolution Plan

[Suwon Ilbo=Reporter Seo Dong-young] Osan City held a "2020 High-Value Tax Arrears Resolution Plan Briefing" at the City Collection Division on the 31st of last month to secure local finances and implement tax justice.

The city's high-value tax delinquents (3 million won or more) number 918 individuals with 13 billion won in arrears, accounting for 1.4% of all delinquents and 45% of total arrears. The city is implementing one-on-one tax arrears collection management for high-value delinquents using temporary civil servants.

The briefing was presided over by Choi Moon-sik, Director of the Collection Division, where team leaders and staff from local tax and non-tax revenue collection discussed the analysis of causes of high-value delinquents' arrears and collection strategies to minimize arrear amounts.

Director Choi Moon-sik stated, "For delinquents who have the will to pay but face financial difficulties in paying arrears all at once, we will encourage installment payments. Furthermore, for high-value and habitual delinquents, we will implement strong collection activities including public auctions of seized assets, home searches, public disclosure of names, and travel bans."