Korea Joongang Daily
Korea JoongAng Daily

Pandemic profits targeted by the NTS in latest crackdown

The National Tax Service (NTS) is investigating 67 people who are alleged to have diverted profits reaped as a result of booming business during the pandemic. A glof club and an orthodontist were on the list.

2021-05-25

National Tax Service targets cryptocurrency for the first time

According to the National Tax Services (NTS) on Monday, it recovered 36.6 billion won ($32 million) of unpaid taxes from 2,416 tax evaders who invested in virtual assets including cryptocurrency.

2021-03-15

Property flimflam investigation nets NTS dozens of perps

NTS identified 85 people in their 20s and 30s suspected of underpaying their obligations, many of them using properties to get around the law. Most used trick was receiving help from parents to buy property but not properly reporting this support.

2020-11-17