
Transferring only the title and '1-house non-taxation... National Tax Service collects 31.8 billion won in real estate tax evasion
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Summary
A's mother, who led the transaction, and an acquaintance who lent their name were reported to the prosecution for tax evasion. The National Tax Service announced on the 7th that as a result of a simultaneous tax investigation into 104 suspected real estate tax evaders, including ultra-high-priced housing transactions, a total of 31.8 billion won in taxes has been collected so far. The National Tax Service also notified the relevant local governments to impose fines and criminal penalties on 20 people who were confirmed to have violated the Act on Real Estate Name Registration, such as title trust. All transactions of ultra-high-priced houses worth 3 billion won or more were verified, and the sources of funds for those under 30 and foreigners were also intensively checked.
Furthermore, For cases confirmed to have evaded taxes through fraud or other illegal means, the National Tax Service imposed a 40% penalty for unjust underreporting. Recently, the National Tax Service has also launched additional tax investigations into 127 suspected tax evaders, including cash asset holders, those who acquired houses through large private loans, and multi-homeowners for speculative purposes. C was found to have manipulated financial evidence by diverting transaction funds through another friend to the husband's friend, in order to make it appear that the apartment was sold to the husband's friend before selling a 1.5 billion won single-family house.
In addition, In addition, 2,077 apartment gift transactions in Gangnam 4 districts and Mapo, Yongsan, and Seongdong districts were also examined.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
A's mother, who led the transaction, and an acquaintance who lent their name were reported to the prosecution for tax evasion. The National Tax Service announced on the 7th that as a result of a simultaneous tax investigation into 104 suspected real estate tax evaders, including ultra-high-priced housing transactions, a total of 31.8 billion won in taxes has been collected so far.
reliability moderate2/2 sourcesThe National Tax Service also notified the relevant local governments to impose fines and criminal penalties on 20 people who were confirmed to have violated the Act on Real Estate Name Registration, such as title trust.
reliability moderate2/2 sourcesAll transactions of ultra-high-priced houses worth 3 billion won or more were verified, and the sources of funds for those under 30 and foreigners were also intensively checked.
reliability moderate2/2 sourcesFor cases confirmed to have evaded taxes through fraud or other illegal means, the National Tax Service imposed a 40% penalty for unjust underreporting.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
Recently, the National Tax Service has also launched additional tax investigations into 127 suspected tax evaders, including cash asset holders, those who acquired houses through large private loans, and multi-homeowners for speculative purposes.
according to Kyunghyang ShinmunC was found to have manipulated financial evidence by diverting transaction funds through another friend to the husband's friend, in order to make it appear that the apartment was sold to the husband's friend before selling a 1.5 billion won single-family house.
according to Yonhap News AgencyIn addition, 2,077 apartment gift transactions in Gangnam 4 districts and Mapo, Yongsan, and Seongdong districts were also examined.
according to Kyunghyang Shinmun
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