Since the beginning of this year, the government has launched an investigation as a "trick" to avoid light green license plates applied to corporate cars worth more than 80 million won has been prevalent.
This year, we started to compare both the acquisition price and the standard price of the newly registered corporate car to determine the cases where the difference is large.
The Ministry of Land, Infrastructure and Transport recently found that a so-called "down contract" is made in which contracts are made at a lower price than the actual price, focusing on expensive imported cars, and then the rest of the payments are received in cash.
Imported cars usually exploit the fact that domestic dealers can adjust their selling prices.
In addition, the method of lowering the price by changing the production year of the "car number," which serves as the vehicle's resident registration number, or changing it to corporate insurance after registering under a personal name first is also used.
This behavior seems to have been driven by the reluctance of a noticeable light green license plate in the case of private use of a high-priced corporate car with tax benefits.
An official from the Ministry of Land, Infrastructure and Transport said that if suspected cases of bypassing the system are caught in an expedient manner, they will respond sternly by asking the tax authorities or the police to investigate and dispose of them.
a
reporter | Kim Tae-min
AI Anchor|Y-GO
Caption editing | Yoon Hyun-kyung
#NowNews
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
This year, we started to compare both the acquisition price and the standard price of the newly registered corporate car to determine the cases where the difference is large.
The Ministry of Land, Infrastructure and Transport recently found that a so-called "down contract" is made in which contracts are made at a lower price than the actual price, focusing on expensive imported cars, and then the rest of the payments are received in cash.
Imported cars usually exploit the fact that domestic dealers can adjust their selling prices.
In addition, the method of lowering the price by changing the production year of the "car number," which serves as the vehicle's resident registration number, or changing it to corporate insurance after registering under a personal name first is also used.
This behavior seems to have been driven by the reluctance of a noticeable light green license plate in the case of private use of a high-priced corporate car with tax benefits.
An official from the Ministry of Land, Infrastructure and Transport said that if suspected cases of bypassing the system are caught in an expedient manner, they will respond sternly by asking the tax authorities or the police to investigate and dispose of them.
a
reporter | Kim Tae-min
AI Anchor|Y-GO
Caption editing | Yoon Hyun-kyung
#NowNews
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
