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Ulsan City Collects 30.2 Billion Won in Delinquent Taxes, Strengthens Local Finances Through Strategic Fiscal Management
AI 3-line summary
- Ulsan City said it secured an additional 75.5 billion won in its own revenue last year by strengthening collection of delinquent taxes and improving the efficiency of public fund management.
- The city collected 30.2 billion won in delinquent taxes, a collection rate of 37.7 percent, above the national average of 32.9 percent, and interest income from public deposits reached 22.7 billion won, the highest ever.
- Ulsan City recovered 22.6 billion won through corporate tax audits and plans to continue sanctions against high-value and repeat tax delinquents, including travel bans.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 울산시, 체납세 302억 징수 성과…전략적 재정 운용으로 지방재정 활력
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