How to Check and Resolve Local Tax Arrears: A Simple Guide

Reasons Why You Shouldn't Ignore Local Tax Arrears

Local tax arrears are more than just failing to pay taxes; they can cause various inconveniences in our lives. If you miss the payment deadline, surcharges will be applied, and you may even face serious consequences such as asset seizure and credit blacklisting.

However, many people are unaware of the implications of local tax arrears or simply procrastinate due to inconvenience. This article will detail the problems that can arise from local tax arrears and explain how to check and pay arrears.

Problems Caused by Local Tax Arrears

• Surcharges: A 3% late payment surcharge is imposed if the payment deadline is missed, and the surcharge increases the longer the payment is delayed.
• Asset Seizure: If the arrears exceed a certain amount, assets such as real estate and automobiles may be seized.
• Credit Blacklisting: The arrears will be registered in your credit information, lowering your credit rating and restricting your access to loans and financial transactions.
• Travel Ban: High-value debtors may be banned from traveling internationally.
• Business Restrictions: Business owners may face business license revocation or suspension of operations.

How to Check and Pay Local Tax Arrears

🔗 Two Ways to Check Local Tax Arrears

You can easily check your local tax arrears through WeTax (WETAX) or ETax (ETAX).

• WeTax: Residents outside of Seoul
• ETax: Seoul residents

After accessing each site and completing a simple registration, you can check your arrears and pay immediately by searching for the payment target.

Resolve Your Local Tax Arrears Without Delay!

Local tax arrears can significantly impact your economic activities. It is important to identify arrears early and pay within the deadline to prevent disadvantages.

Don't delay your local tax payments any longer!

Frequently Asked Questions (FAQ)

• What happens if I have local tax arrears? If you miss the payment deadline, surcharges will be applied, and you may face various disadvantages such as asset seizure and credit blacklisting.
• How can I check for local tax arrears? You can easily check through WeTax or ETax.
• How can I resolve local tax arrears? Check your arrears and pay immediately through the relevant site.
• Why do local tax arrears occur? People may forget the payment deadline or delay payment due to financial difficulties.
• What problems can arise if I don't resolve my local tax arrears? Credit blacklisting can make loans and financial transactions difficult, and in severe cases, you may even be banned from traveling internationally.