Arab Today, arab today nts not to use tax audits as tool to expand revenue
Last Updated : GMT 02:09:03
Arab Today, arab today
Arab Today, arab today

NTS not to use tax audits as tool to expand revenue

Arab Today, arab today

Arab Today, arab today NTS not to use tax audits as tool to expand revenue

Lim Hwan-soo
Seoul - Yonhap

The nominee to be the new tax chief said Monday that tax audits will not be used as a means to expand revenue despite worries of a possible shortage in government income caused by slowing economic growth.
"It is difficult to raise money for revenue shortages through tax investigations... We will not use tax audits as a means to expand tax revenue," Lim Hwan-soo, the nominee for chief of the National Tax Service, told lawmakers at his confirmation hearing.

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