Mr. A, in his 40s, recently reported a colleague who purchased an apartment worth 700 million won near Samsong Station in Gyeonggi Province on charges of 'real estate tax evasion.' Mr. A said, "I was puzzled when a colleague with a similar standard of living and salary bought a house with only about a 200 million won loan," and added, "He confessed at a drinking party that he used 'parental chance,' but I doubt he paid the gift tax properly." When the National Tax Service's 'Real Estate Tax Evasion Reporting Center' opened, nearly 300 reports poured in over two months, according to the Ministry of Land, Infrastructure and Transport. The 'Real Estate Transaction Order Disruption Reporting Center' in operation also showed a clear increase in reports, with about 1,500 cases received last year. As rising real estate prices have become a major factor widening the asset gap, public sensitivity to illegal real estate activities has increased, and reports are increasing, according to experts' analysis. The fact that rewards for tax evasion reports can reach up to 4 billion won is also cited as a factor encouraging reporting. According to the National Tax Service, the main type of tax evasion report is Mr. A's Like a colleague, this allegation involves evading gift tax during the real estate acquisition process, with typical methods such as hiding the fact of receiving a gift and failing to report the gift tax, or only writing formal IOUs between family members without repaying principal or interest. Not only apartments and other homes, but reports of tax evasion related to farmland ordered by President Lee Jae-myung are also being received. A National Tax Service official explained, "There was a case where someone sold farmland and received a tax exemption for self-cultivated farmland, but in reality, they did not actually cultivate it and reported it." In the case of the Real Estate Tax Evasion Reporting Center, the reward is 5~20% of the evaded amount, with a maximum of 4 billion won, making it a strong incentive to report. However, even if a violation of the Licensed Real Estate Agents Act is reported to the Center for Disruptive Behavior , even if the reward is only 500,000 won per case, it is ,,,,, a considerable amount.
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