Suwon Selected as Outstanding Local Government in Tax Administration...Gyeonggi Province Provides Project Funding

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province announced on the 25th that it has selected 16 cities and counties, including Suwon, Gimpo, and Pocheon, as outstanding local governments in tax administration for their efforts in local tax collection and expansion of independent finances, and has provided 800 million won in project funding.

The evaluation of local tax administration was conducted through careful review and verification of five basic indicators including local tax collection performance such as collection rate and growth rate, accuracy of tax revenue estimates that serve as the basis for provincial budget revenues, and response capabilities to administrative lawsuits and tax appeals, as well as 10 add-subtract items including contribution to government policy initiatives, divided into three groups based on tax revenue scale and population.

As a result of the evaluation, Suwon, Gimpo, and Pocheon were selected as the most outstanding cities and counties in each group, respectively receiving 1.1 billion won, 900 million won, and 800 million won in project funding.

Namyangju City (800 million won), Paju City (650 million won), and Yeoju City (600 million won) were selected as excellent cities and counties, while Yongin City (550 million won), Anseong City (450 million won), and Osan City (400 million won) were selected for encouragement awards.

Seven cities and counties including Bucheon will receive financial incentives of 25 million won each for achievement awards. The province will also present provincial governor commendations to 16 meritorious public officials along with organizational commendations for these cities and counties.

Despite the COVID-19 pandemic last year and the government's strong multi-property restrictions, housing transactions concentrated in the Gyeonggi region, recording the highest housing transaction growth rate in history at 80.3%, collecting an additional 1.6758 trillion won in acquisition tax compared to the previous year.

The province explained that the results of efforts by municipal and county tax officials are visibly showing, including protecting independent finances by jointly responding in a timely manner to high-value local tax administrative lawsuits.

Oh Tae-seok, director of the Autonomous Administration Bureau of Gyeonggi Province, said, "Going forward, regarding the evaluation of city and county tax administration operations, rather than dispersing financial incentives in small amounts across many recipients, we plan to select and concentrate support on cities and counties with significant efforts and contributions," adding, "We will maximize the expansion of independent finances through fair and rigorous competition."