Bury it in bitcoin and flippers… Receiving 36.6 billion won in arrears
[뉴스리뷰]
[앵커]
One of the biggest concerns about cryptocurrencies like bitcoin, which is popular for investment these days, is that it can be used for tax evasion or money laundering.
The IRS has found over 30 billion won of money buried in cryptocurrency by wealthy owners who have held that they have no money to pay taxes.
This is reporter Lee Dong-hoon.
[기자]
A doctor who runs a hospital in Gangnam, Seoul and lives in an expensive apartment.
However, the total income tax pushed back by saying that he had no money was 2.7 billion won, but the National Tax Service, which suspected Mr. A, found that he had a virtual currency worth 3.9 billion won.
When the Internal Revenue Service seized it, Mr. A paid the tax back in cash that he said he didn’t have.
The National Tax Service, which mainly searched under-name deposits, real estate, and hidden bundles of cash to collect back taxes, checked the assets of over 2,400 large delinquents through the cryptocurrency exchange.
As a result, the tax received through cash payment and bond security was 36.6 billion won.
It turns out that cryptocurrency is already being used a lot by asset owners to hide their money.
There have also been cases of buying cryptocurrency while pushing the inheritance tax or capital gains tax.
Mr. B, who sold real estate in Gyeonggi-do for 4.8 billion won and did not pay 1.2 billion won in capital gains tax, found that he had 1.2 billion won in virtual assets.
Mr. C, who inherited 1.7 billion won in insurance and did not pay an inheritance tax of 200 million won, deducted 500 million won into virtual currency.
The IRS plans to dispose of cryptocurrencies at an appropriate time if delinquents do not pay back taxes.
<정철우 / 국세청 징세법무국장> “At the time of the foreclosure, we are seizing the amount of arrears only for the amount corresponding to the amount of arrears at the time of foreclosure. Considering the price trend, we will be refunding at the best time…
The National Tax Service believes that there will be no problem with collection, as the time when the balance of the arrears was determined was January, when the market price was half the current in terms of bitcoin.
This is Yonhap News TV Lee Dong-hoon.
Yonhap News TV article inquiries and reports: katok/line jebo23
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