South Korea’s National Tax Service said it will strengthen enforcement against tax evasion involving virtual assets by adding more transaction-tracking programs and improving its AI-based forensic system.

The agency framed the move as part of a broader push against hidden assets and unpaid taxes. It also plans to expand rewards for tip-offs and intensify collection work on large tax arrears through a dedicated nationwide team.

Broader tracing of digital-asset activity

According to the agency, it will build out infrastructure to better trace cases in which virtual-asset transactions are used to evade taxes or conceal assets. The plan includes adding more programs for following transaction flows tied to digital assets.

Officials also said the National Tax Service will upgrade its AI-based forensic tools. The stated purpose is to improve the agency’s ability to detect and investigate evasion methods that use newer financial channels, including crypto-related activity.

Rewards and reporting to be widened

Alongside technical upgrades, the tax agency said it wants to draw in more reports from the public on tax evasion and hidden property. To do that, it plans to expand rewards for tip-offs.

The measure suggests the agency is combining data analysis with external reporting as it tries to uncover concealed wealth and tax avoidance schemes that may not be visible through routine review alone.

10,000-member effort on unpaid taxes

The National Tax Service said it will tighten oversight of major tax delinquencies by running a 10,000-member team focused on outstanding arrears. The group is set to examine about 130 trillion won, or roughly $93.9 billion, in unpaid taxes.

Its collection work will include phone consultations, site visits, and tailored recovery efforts. The announcement places the crypto-tracking expansion within a larger arrears crackdown rather than as a stand-alone digital-asset policy.

Other audit targets beyond crypto

The agency said tax audits will also concentrate on what it described as antisocial forms of evasion. That includes real-estate tax avoidance linked to cut-rate transfers and sham transactions among owners of multiple homes.

It also plans to investigate evasion associated with stock-market practices such as price manipulation, duplicate listings, and price suppression. In addition, investigators will target improper gains from the private use of corporate assets and other illegal activity seen as harmful to the public.

Next steps in the enforcement campaign

The announcement sets out the National Tax Service’s enforcement priorities but does not specify a separate timetable for the new crypto-tracking tools or the upgraded AI system. What is confirmed is that digital-asset tracing, tip-off incentives, and large-scale arrears collection will all form part of the agency’s current anti-evasion campaign.

For now, the clearest next step is implementation: expanding the tracking infrastructure, widening rewards for reports, and carrying out the arrears review and collection work through the 10,000-member team.

Source: en.bloomingbit.io