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Gyeonggi Province Selects 177,641 Honest Taxpayers...Provides Benefits Including Comprehensive Checkup Discounts and Preferential Interest Rates

172,377 individuals and 5,264 corporations selected as honest taxpayers474 outstanding taxpayers selected among honest taxpayersSelected through deliberation by Local Tax Deliberation Committee as those with contributions to local finance and community service in local tax sector
Exterior view of Gyeonggi Province Government Building.(Photo=Gyeonggi Province)
Exterior view of Gyeonggi Province Government Building.(Photo=Gyeonggi Province)

[Suwon Ilbo=Reporter Park Noh-hoon] Gyeonggi Province announced on the 20th that it has selected 177,641 honest taxpayers and will provide various benefits including comprehensive checkup discounts.

Among the honest taxpayers, 474 individuals with contributions to regional community development were selected as outstanding taxpayers.

To spread an atmosphere of honest tax payment, the province improved the system last year so that more honest taxpayers could be selected.

The existing system was to separately select excellent taxpayers among those meeting certain requirements and designate them as honest taxpayers.

The province changed this to select all taxpayers meeting certain requirements as honest taxpayers, and among them separately select those who contribute to finances and certify them as outstanding taxpayers to strengthen benefits.

As a result, 177,641 taxpayers who have not paid any surcharges or additional taxes over the past seven years and have paid four or more types of taxes annually including acquisition tax, registration and license tax, property tax, and automobile tax have been selected as honest taxpayers this year.

This includes 172,377 individuals and 5,264 corporations.

Outstanding taxpayers are those among honest taxpayers deemed to have made contributions to the local tax sector for reasons such as contribution to local finance, job creation, performance-sharing system certification, and community service. Through recommendations from cities and counties and deliberation by the Local Tax Deliberation Committee on the 26th of last month, a total of 474 individuals and corporations—190 individuals and 284 corporations—were selected.

Among the selected outstanding taxpayers, Mr. A from Yongin was recognized for his contribution to local tax payment while serving as a youth guidance committee member, and particularly for his dedicated efforts in resolving community issues, volunteering, and responding to disaster situations.

Manufacturing Company B from Pocheon was selected as an outstanding taxpayer for faithfully paying local taxes, joining a sharing company with regular product donations, taking the lead in realizing corporate social value, and making efforts in job creation.

Company C from Yeoju was also selected as an outstanding taxpayer for regularly visiting underprivileged neighbors in the local community during the COVID-19 situation and conducting volunteer activities that earned praise from residents.

Gyeonggi Province honest taxpayers are provided with 10-30% discounts on comprehensive health checkups at 19 hospitals including Bundang CHA Hospital and Ajou University Hospital, as well as preferential interest rates on loans (for business owners, up to 0.3%) at the province's depository banks (NH Bank and Kookmin Bank).

Outstanding taxpayers additionally receive a certificate (authentication plaque), a three-year grace period on local tax audits, and public parking fee discounts in 31 cities and counties.

The certification period is one year from March 2, 2022 to February 28, 2023. On the 16th, certificates confirming honest taxpayer status and guidance documents including various support benefits were sent.

Inquiries about certification status and details on various benefits can also be confirmed through the Gyeonggi Province website (gg.go.kr).

Ryu Young-yong, head of the province's Tax Administration Team, said "If we create an environment where those contributing to regional development through honest tax payment are treated more favorably, we can raise tax awareness and also help secure local finances. We will make efforts to operate support for honest taxpayers well."

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