Tax officials in South Korea have frozen the memberships of several players at some of the country's most lavish golf clubs this week after suspicions were raised that they were knowingly evading taxes.
The move was made after the country's National Tax Service (NTS) made an enquiry into the lack of tax revenue received from a number of golf club members, who can pay anything from USD200,000 to over USD1m annually for their highly-coveted memberships.
The NTS made the decision to withdraw 1,232 memberships from 960 individuals this year on the grounds that, if these individuals can afford memberships at exclusive golf clubs, they can well afford to pay their fair share in taxes.
In a statement, the NTS explained:
"This is part of our campaign to collect taxes from those who have refused to pay back taxes."
"Those who have memberships can easily pay taxes if they want to - so we generally see them as evading taxes on purpose and having a low awareness of tax laws."
Individuals whose membership has been seized will now be given the opportunity to agree to a settlement plan in order to clear their backlog of unpaid taxes, with failure to comply resulting in the membership going to public auction.
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