This year, the reported amount for overseas stock accounts reached 48.1 trillion won, which is more than double compared to the previous year (23.6 trillion won).
According to the 'Overseas Financial Account Reporting Performance' released by the National Tax Service on the 26th, a total of 1,992 individuals reported 48.1 trillion won in overseas stock accounts this year. The number of reporters increased by 335 (20.2%) compared to last year, and the reported amount increased by 24.5 trillion won (103.8%). Notably, the amount reported for corporate stocks increased by 23.1 trillion won compared to the previous year.
In addition to stock accounts, a total of 46.4 trillion won was reported for overseas financial accounts, including savings accounts, deposits, and virtual asset accounts. This represents an increase of 5.1 trillion won (12.3%) compared to the previous year.
The total reporting performance for overseas financial accounts was 6,858 reporters and a reported amount of 94.5 trillion won. This signifies an increase of 1,901 reporters (38.3%) and an increase of 29.6 trillion won (45.6%) in reported amounts compared to the previous year.
Looking at the reporting performance by corporations and individuals, corporate reporters numbered 835 entities, reporting a total of 67.8 trillion won, which is an increase of 30 reporters and a reported amount increase of 19.3 trillion won compared to last year.
Individual reporters totaled 6,023, reporting 26.7 trillion won. Compared to last year, the number of reporters increased by 1,871 (45.1%), and the reported amount increased by 10.3 trillion won (62.8%).
The National Tax Service plans to thoroughly verify individuals suspected of not reporting overseas financial accounts. A National Tax Service official said, "We will utilize data from international information exchange, and we plan to strictly enforce fines, notifications, criminal charges, disclosure of lists, and related tax collection.\"