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21 people start an investigation … Omission of high conference fees, suspicion of illegal resale
"Intensive monitoring of the real estate transaction in the recommendation area of the instructor"
The National Tax Service has recently launched a full tax investigation of real estate speakers and consultants suspected of overheating the real estate market.
The National Tax Service announced yesterday that it would conduct a tax investigation on 21 instructors and real estate investment consultants.
This is the first time that the Internal Revenue Service conducts a thorough tax audit of real estate instructors, but an intensive tax investigation on occupational groups.
In recent years, some so-called star instructors have gathered students in cybercafés, etc., and given lectures on how to appropriate "high-end investment zones" in high prices.
Among the students, it is said that there are many people, including housewives and students, who are not speculative speculators.
The National Tax Service badyzed the information itself and selected speakers and real estate consultants suspected of tax evasion.
They are accused of having given lectures or consultations on real estate investments, mainly in cybercafés, and not having paid high tuition fees.
Among them, there have been cases in which real estate transactions have been carried out and illegal resale rights to resale rights and contracts have been violated.
A real estate instructor has about 400,000 apartments and office buildings worth 90 billion won, but the source of the acquisition funds is unclear and has become a tax investigation.
The National Tax Service suspects the instructor of missing a lot of tuition and rental income.
Another speaker specializing in real estate, which is popular with internet conference videos, has bought a large amount of real estate without reporting conference fees, and has been named as a subject of study.
"We do not seem to have invested in real estate because of conference fees, and it seems like a lot of investments have been included using loans, etc."
The National Tax Service will monitor real estate transactions in the areas of investment recommended by real estate instructors to investigate allegations of tax evasion.
If the tax auditor confirms that real estate speakers and consultants are directly involved in large-scale real estate investments in addition to conference activities, there may be doubts about adjusting the visitor's tax.
There is a growing suspicion that lectures given by real estate speakers on "promising areas" are actually calculated actions to inflate an abnormal speculative demand.
Han Seung-hee, head of the National Tax Service, announced in October that he "would strengthen the collection of on-site information on professional real estate instructors".
While the National Tax Service (NTS) has beefed up its surveillance network, some renowned real estate instructors have been able to cancel their scheduled conferences one after the other, thus hiding online. Union
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