The National Tax Service signs collection cooperation agreements with the UK, Belgium, and Hungary to accelerate overseas recovery.

“Strengthening the Collaboration Network with Major European Countries for Overseas Asset Recovery of Defaulters”
Requests for Cooperation on Specific Defaulters such as Professional Athletes Who Relocated After Tax Evasion,
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Director of the National Tax Service, Lim Kwang-hyun, signs an agreement with Hungarian authorities
(Sejong = Yonhap News) Lim Kwang-hyun, the Director of the National Tax Service, shakes hands with Ferenc Baguihey, Director of the Hungarian National Tax Service, as they sign a new practical agreement on tax collection cooperation in Budapest on the 8th. [Provided by the National Tax Service. Distribution and resale prohibited],
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, ‘ (Sejong = Yonhap News) Reporter Lee Dae-hee = The National Tax Service has expanded its international collaboration network for the collection of unpaid taxes to major European countries.’,
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, ” The National Tax Service announced on the 14th that its Director, Lim Kwang-hyun, visited Hungary, Belgium, and the UK in succession and held bilateral meetings with the heads of their tax services to sign ‘practical agreements on tax collection cooperation.'”,
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, ‘ Lim signed a new practical agreement on tax collection cooperation with Ferenc Baguihey, Director of the Hungarian National Tax Service, in Budapest on the 8th (local time).’,
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, ‘ They also renewed practical agreements on tax cooperation to facilitate exchange at the working level.’,
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, ‘ The two countries shared cases of digital innovation in tax administration utilizing artificial intelligence (AI) and explored developmental directions for electronic taxation.’,
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, ‘ On the 11th, Lim held the first Korea-Belgium tax directors meeting with Philippe Van de Velde, Director of the Belgian National Tax Service, in Brussels and signed a practical agreement on tax collection cooperation.’,
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, ‘ The Belgian side proposed participation in the OECD sub-committee on management of unpaid taxes, of which it is the chairing country, and Lim responded positively to actively participate from the next meeting.’,
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Meeting with the Director of the Belgian National Tax Service, Lim Kwang-hyun
(Sejong = Yonhap News) Lim Kwang-hyun, Director of the National Tax Service, held the first Korea-Belgium tax directors meeting with Philippe Van de Velde, Director of the Belgian National Tax Service, on the 11th in Brussels and signed a practical agreement on tax collection cooperation. [Provided by the National Tax Service. Distribution and resale prohibited],
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, ‘ Lim continued his meetings on the 13th in London with Jon Paul Marks, Director of the UK National Tax Service.’,
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, ‘ They signed a practical agreement on tax collection cooperation for effective enforcement and agreed to actively collaborate in the recovery of defaulters’ assets located within their respective countries.’,
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, ‘ Lim requested cooperation on specific tax evasion suspects whose overseas asset tracking and recovery procedures are underway.’,
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, ‘ He asked for the swift initiation of seizure procedures for foreign defaulters who were active in Korea and moved to European leagues while defaulting on taxes.’,
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, ‘ Discussions were also held on simultaneous tax investigations and information sharing for Korean defaulters who are on the list of habitual high-valued defaulters.’,
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, ‘ Lim also listened to the tax concerns of Korean companies operating in these countries and asked each country’s tax service director to provide active support in tax administration.’,
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, ‘ The National Tax Service stated, “This meeting was organized to strengthen the network for tax collection cooperation with major European countries for the recovery of defaulters’ overseas assets” and emphasized, “It is significant that the scope of collection cooperation, which was mainly focused in the Asia-Pacific region, has been expanded to Europe.”‘,
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Shaking hands with the Director of the UK National Tax Service, Lim Kwang-hyun
(Sejong = Yonhap News) Lim Kwang-hyun, Director of the National Tax Service, shakes hands with Jon Paul Marks, Director of the UK National Tax Service, in London on the 13th, following their meeting. [Provided by the National Tax Service. Distribution and resale prohibited],
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, ‘ 2vs2@yna.co.kr’,
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