Yeongdeungpo-gu Levies 1.1 Billion Won in Regular Registration and License Tax

[Suwon Ilbo=Reporter Seo Dong-young] Yeongdeungpo-gu in Suwon announced on the 17th that it has levied 1.102 billion won in regular registration and license tax for 2021 on 26,052 cases of various licenses and permits.

The regular registration and license tax for this year increased by 2,707 cases and 110 million won (11.96%) compared to last year. While residential rental business registrations declined, the increase is primarily attributed to factors such as the growth in telecommunications sales business licenses due to increased internet commerce.

Taxpayers are individuals and corporations that held various licenses as of January 1 this year with an address or place of business in Yeongdeungpo-gu. License types are categorized into five classes based on the type and scale of business: Class 1 at 67,500 won, Class 2 at 54,000 won, Class 3 at 40,500 won, Class 4 at 27,000 won, and Class 5 at 18,000 won.

From the 18th through February 1st, payment can be made via CD/ATM machines at all financial institutions nationwide, WeTax (www.wetax.go.kr), or Internet Giro (www.giro.or.kr) using bank transfers or credit (debit) cards.

A district official stated, "As concerns exist regarding difficulties in payment near the deadline due to financial institutions' heavy workloads and surges in internet traffic, we encourage advance payment before the deadline."