President Lee Praises Tax Chief for Tracking Overseas Assets

President Lee Jae-myung has publicly lauded Lim Kwang-hyun, the Commissioner of the National Tax Service, for his resolute stance on pursuing tax evaders' hidden assets abroad. In a statement shared on social media platform X (formerly Twitter), President Lee underscored the paramount importance of tax justice, expressing gratitude to Commissioner Lim for his diligent work since taking on the challenging role of leading the National Tax Service after leaving his parliamentary seat.

This commendation highlights the administration's commitment to ensuring fairness in the tax system and recovering funds that rightfully belong to the nation. Commissioner Lim's proactive approach, as evidenced by his public commitment, signals a strengthened resolve to combat sophisticated methods of tax evasion that involve concealing wealth in foreign jurisdictions. The President's public praise serves as a strong endorsement of the NTS's efforts and a clear message to potential tax evaders.

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Tax justice is a very important value. Thank you, Commissioner Lim, for working hard.

Commissioner Lim, in his own statement shared by the President, reiterated his dedication to enhancing tax diplomacy and fortifying international cooperation networks. He vowed to relentlessly pursue the recovery of hidden overseas assets, emphasizing that no effort will be spared in this critical mission. This coordinated effort between the President and the head of the tax authority signals a robust strategy to bolster national revenue and uphold the principle of equitable taxation, a cornerstone of sound governance and economic stability.

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We will continue to strengthen tax diplomacy and build a more robust international cooperation network to track down the overseas hidden assets of tax evaders until the end.