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According to Deep Tide TechFlow news on July 15, as reported by the Korean Yonhap News Agency, the candidate for the head of the National Tax Service of South Korea, Lim Kwang-hyun (phonetic), stated during a personnel hearing at the National Assembly's Planning and Finance Committee that efforts to combat tax evasion using new trading methods such as virtual assets will be strengthened. Lim emphasized the establishment and improvement of a virtual asset transaction information collection system to proactively address new methods of tax evasion.



He also plans to prevent anti-social offshore tax evasion and the loss of national wealth by expanding tax information exchanges with foreign countries, diversifying channels for collecting overseas information, and other means. In addition, Lin Guangxuan stated that he would utilize artificial intelligence technology to upgrade the tax evasion detection system, automatically extracting suspicious points of tax evasion by analyzing financial statements and other basic data, while taking resolute measures against behaviors such as manipulating stock prices, controlling major shareholder capital transactions, and illegally seeking personal gain.
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