Osan City Halts Collection Enforcement for Non-Profitable Seized Vehicles

[Suwon Ilbo=Reporter Lee Su-won] Osan City announced on the 23rd that it will halt the enforcement of collection procedures for vehicles seized due to local tax delinquency that are deemed to have no benefit from sale.

'Halt of collection procedures' is a system under the Local Tax Collection Act whereby, when the estimated value of the total assets subject to the collection procedure leaves no remainder after being applied to collection procedure costs and secured bonds that take priority over local taxes, the execution of the collection procedure is halted and the seizure is lifted following deliberation by the Local Tax Deliberation Committee.

The city held a Local Tax Deliberation Committee meeting on the 19th to deliberate on halting collection procedures for 259 vehicles (199 taxpayers, approximately 1.5 billion won in unpaid taxes) that were seized due to local tax delinquency and are deemed to have no benefit from public sale, with vehicle ages exceeding 12 years.

The city plans to announce the vehicles on the Osan City Hall website for one month before lifting the seizure.

Shin Dong-jin, head of the Collection Division, stated, "By organizing unnecessary seizures through halting collection procedures, we will be able to focus more on effective collection procedures. We will refrain from unprofitable collection procedures to minimize damage to taxpayers and actively pursue collection procedures on beneficial items to collect the delinquent amounts."

The vehicles subject to halting collection procedure enforcement can be verified through the Osan City Hall website. For more details, inquiries can be made to the Osan City Collection Division (031-8036-7205).