Yonhap Infomax NewsJan 12
South Korea’s Board of Audit and Inspection found the National Tax Service unlawfully wrote off 1.4 trillion won in tax claims to reduce reported delinquencies, while high-value delinquents received preferential treatment and small-scale cases were neglected.
#YonhapInfomax
#NationalTaxService #TaxDelinquency #StatuteOfLimitations #BoardOfAuditAndInspection #14TrillionWon
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99362
Audit Finds 1.4 Trillion Won in Tax Claims Improperly Written Off—National Tax Service Faulted for Lax Delinquency Management

South Korea’s Board of Audit and Inspection found the National Tax Service unlawfully wrote off 1.4 trillion won in tax claims to reduce reported delinquencies, while high-value delinquents received preferential treatment and small-scale cases were neglected.

Yonhap Infomax
Yonhap Infomax NewsSep 5, 2025
Joo Byung-ki, nominee for Fair Trade Commission Chairperson, apologized for delayed tax and fine payments at his confirmation hearing, attributing the issue to unintentional mistakes and denying any intent to evade obligations.
#YonhapInfomax #JooByungKi #FairTradeCommission #TaxDelinquency #ConfirmationHearing #AdministrativeFines #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80376
Joo Byung-ki Apologizes for Delayed Tax and Fine Payments—Calls It an 'Unintentional Mistake'

Joo Byung-ki, nominee for Fair Trade Commission Chairperson, apologized for delayed tax and fine payments at his confirmation hearing, attributing the issue to unintentional mistakes and denying any intent to evade obligations.

Yonhap Infomax