Daegu City in South Korea has launched a crackdown on local tax delinquents, focusing on hidden assets. The initiative will utilize Financial Intelligence Unit (FIU) data to track funds and seize virtual assets, healthcare fees, and various refunds. Authorities plan to impose strict measures on high-value tax evaders, including business license restrictions, publicizing names, and conducting residential searches.
Daegu City Targets Tax Evaders with Asset Seizure Measures
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