Hunting tax dodgers
Published: 28 Jul. 2020, 19:47
A National Tax Service (NTS) director announces an investigation into 413 owners of multiple houses accused of evading tax at the Sejong Government Complex on Tuesday. This group of people is suspected of having circumvented the law to have real estate transferred from affluent parents or relatives without paying a transfer tax or real estate tax. Sixty-two of them, for example, had zero source of income while 44 had little or less income but bought houses with money transferred from their parents. [YONHAP]
with the Korea JoongAng Daily
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