Investigation by the National Tax Service revealed that the gift was defeated. 1822 tax verification begins
University students without jobs receive expensive apartments and donate tax of hundreds of millions of dollars
[세종=아시아경제 김현정 기자] Mr. A received a gift from his father as a condition to take over expensive apartments located in overheated speculation districts and related financial liabilities, and reported hundreds of millions of dollars as debt. However, when the National Tax Service performed the debt follow-up management, the house signed a lease contract with his father, and the loan deposit was used to repay the financial debt. After that, his father moved out, and Mr. A himself moved in and the deposit was not returned, so Mr. A is suspected of giving an expedient gift.
Mr. B received an expensive apartment in the speculation area from his father, who is a real estate rental business, and paid a gift tax and acquisition tax of several hundred million won. However, Mr. B is a college student and has not been identified as a source of funding to pay high taxes and housing expenses. The National Tax Service is planning to verify the source of the funds by seeing that Mr. B received the related funds expediently.
Mr. C, a freshman in society, was given the right to sell houses and apartments from his father who runs two large supermarkets. However, his father is accused of acquiring housing and sales rights by stealing corporate money through unfair methods such as omission of sales and accounting for processing expenses. The National Tax Service is preparing to conduct an integrated corporate tax investigation and verification of the source of funds for the hypermarkets operated by his father.
With the recent surge in real estate prices and the intensification of ownership and transaction taxes, cases of donating real estate assets to children are increasing. As such, the number of illegal gifts and tax evasion is increasing rapidly.
According to the Korea Real Estate Agency, the number of home donations was 150,000 last year, the largest ever. Compared to the previous year (81,000 cases), it has nearly doubled. In particular, as the number of cases increased to 60,000 in the first half and 92,000 in the second half, the National Tax Service is reinforcing the verification of anomalous evasion behavior.
As a result of analyzing the process from the acquisition of the donation housing to the donation, and after that, the National Tax Service selected 1822 people to be eligible for tax verification. ▲ 1176 suspects who omit the sum of the other gifted property while receiving a gift and reported duplicate gift deductions ▲ 531 people who made a low-cost report or no report at the official price without reporting at the market price ▲ The donor who donated a house and his or her spouse, etc. 85 persons suspected of lack of funding source related to housing acquisition ▲ 30 persons suspected of repaying a large amount of rental deposit without their own power after receiving the house as a burdened gift, or receiving an expedient gift of housing ownership costs such as gift tax and acquisition tax.
In addition to the above-listed cases, the charges of anomalous evasion are all over the world. Housewife D, who received an apartment from her husband, reported that he had inherited hundreds of millions of dollars in deposit from the tenant living in the apartment, but as a result of the debt follow-up management, after the donation, the lease contract was changed from jeonse to monthly rent, and the deposit was repaid by her husband by proxy.
Mr. E received a donation of dozens of shares of unlisted corporations issued by his father, and applied the gifted property deduction to report and pay the gift tax. Afterwards, while the gift tax was reported by receiving an expensive apartment from the mother, the gift property deduction was applied twice without adding up the property value received from the father.
An official from the National Tax Service said, “We will continue to thoroughly verify all evasion activities that occur in the process of donating houses so that a culture of faithful reporting will be established.”
Reporter Kim Hyun-jung [email protected]