Tax agency conducts highest number of audits on real estate deals in 2017
Social affairsOct 8, 2018
The tax agency conducted nearly 4,600 audits on real estate transactions last year, the most in four years, an analysis by a lawmaker's office showed Monday, an indication of the government's strident policy to rein in properties speculation.Data provided by the office of main opposition legislator Park Myung-jae said the National Tax Service (NTS) audited 4,549 cases of real estate deals and collected 510.2 billion won ($451.3 million) in unpaid taxes and penalty fees. (Yonhap)The number of aud