National Tax Service Commissioner Lim Gwang-hyeon and Australian Taxation Office Commissioner Rob Heferen held a bilateral meeting at the 54th Study Group on Asian Tax Administration and Research (SGATAR) in Brisbane, Australia, and agreed to strengthen cooperation on collecting tax arrears, the National Tax Service said on the 18th.
According to the National Tax Service, the two Commissioners signed a memorandum of understanding (MOU) that sets out the procedures and scope for enforcing collection—such as seizing and auctioning a delinquent taxpayer's assets on behalf of the other country—at the other country's request. A National Tax Service official said, "It is meaningful in that the two countries have established a practical response system against the concealment of delinquent taxpayers' overseas assets."
The two Commissioners also agreed that cross-border cooperation on collections is important to respond to malicious delinquency that undermines tax justice, and discussed ways to cooperate.
At this SGATAR, Lim proposed promptly resolving double taxation issues facing corporations and asked for continued attention and support for companies operating locally.
He also introduced Korea's achievements in the digital transformation of national tax administration. Lim said he plans to develop a system that provides tax consulting services to all citizens using generative AI trained on tax laws, rulings, and precedents, and that identifies suspected tax evasion by entering only basic data through learning from tax audit cases, drawing interest from participating countries, the National Tax Service said.