The National Tax Service held a meeting with major accounting and law firms at the Seoul Regional Tax Service on Tuesday to discuss "Innovation achievements and development directions in tax audits."
This meeting was organized to review past achievements in tax audit innovation, hear field opinions from accounting and law firms—partners in national tax administration—and reflect those views in future audit practices, thereby further solidifying tax audit innovation.
In particular, the meeting holds special significance as it is being held at a meaningful time marking one year since the National Tax Service began actively promoting a paradigm shift in tax audits, in line with the pro-business stance of the national sovereignty government, which upholds the principle that "corporate growth is economic growth."
At this meeting, the National Tax Service announced that it had boldly departed from tax audit practices that have continued for the past 60 years by minimizing on-site resident audits and immediately implementing a system allowing taxpayers to choose the timing of regular tax audits.
Participants evaluated that tax audit innovation not only guarantees stable business operations for taxpayers but also creates conditions under which tax agents can focus more on discussing disputed issues and preparing documents, enabling them to provide faithful assistance to taxpayers. They further suggested △ ensuring substantive early withdrawal upon the conclusion of on-site resident audits, and △ expanding publicly disclosed items subject to key evidence verification, including in the field of international taxation.
In response, Director Lee Seong-geul of the Audit Bureau stated, "Since last August, when on-site resident audits have concluded, we have taken proactive measures to ensure that audit personnel do not merely return to their offices but immediately return the office space provided by taxpayers, so as not to interfere with companies' routine business operations."
He added, "Going forward, we will additionally disclose representative types of repetitive taxation by industry or theme, so that companies can familiarize themselves in advance with tax-related precautions and prepare necessary documents for tax audits ahead of time."
In addition, the National Tax Service listened to diverse opinions on major issues related to tax audits, such as the reform of the criminal justice system and the introduction of attorney-client privilege, and conducted broad discussions on the impacts resulting from legal and institutional changes.
in ECONOMY
