Lee touts hunt for hidden overseas assets, calls for ‘tax justice’

Lee touts hunt for hidden overseas assets, calls for 'tax justice'

President Lee Jae Myung on Tuesday touted the tax office’s ongoing search for hidden overseas assets, calling tax justice a “very important value.”

Lee wrote the message on his X account, a day after the National Tax Service (NTS) announced it had retrieved 33.9 billion won (US$23 million) in evaded taxes since July last year from foreigners and nationals living abroad.

“Tax justice is a very important value,” Lee said, referring to an X post by NTS Commissioner Lim Kwang-hyun, in which he pledged to track down hidden overseas assets and ensure they are taxed.

“I thank Commissioner Lim Kwang-hyun for his hard work after he gave up his parliamentary seat and took up the post as NTS chief.”

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