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THE INVESTOR
June 25, 2018
Big Reunion

Economy

Many tax evaders receive lenient punishment

  • PUBLISHED :October 24, 2017 - 10:23
  • UPDATED :October 24, 2017 - 15:45
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[THE INVESTOR] Many people caught not paying taxes receive lenient punishment, parliamentary data showed on Oct. 24.

Only 13,548 tax evaders have been indicted in the past five years, constituting 20.9 percent of total evaders in comparison to the average indictment ratio of 37.9 percent of other crime suspects, the findings by the National Assembly Research Service said.

As many as 49.1 percent of those indicted were tried without physical detention, with 45.3 percent receiving summary trials.

Only 5.7 percent were tried while under detention.

Courts have also delivered lenient rulings on tax evaders with 563, or 39.1 percent, of the total receiving suspended prison terms last year.

Only 14 percent, or 200 tax evaders, were actually sent to jail and about 35.6 percent or 510 were slapped with fines last year.

The figures compare to 32.3 percent of suspended prison terms, 22.9 percent of prison terms and 29.6 percent of fines for other crime suspects.

By Alex lee and newswires (alexlee@heraldcorp.com)

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