Kim Jeong-woong (Bruce Kim), CEO of Surplus Global, a global platform for legacy semiconductor equipment and components, was selected as a model taxpayer and received a commendation from the Deputy Prime Minister at the 58th Taxpayer’s Day ceremony held on March 3, 2024. This is the result of Kim being recognized for his contribution to creating a sound customs culture by comprehensively evaluating not only the faithful payment of customs duties, but also the increase in exports, compliance with customs laws and import-export laws, and cooperation with customs administration.
Model taxpayers receive benefits such as exclusion or deferment from customs investigation, extension of payment deadline and allowance for installment payment without collateral, exclusion from tax investigation or deferral provided by the National Tax Service, extension of payment deadline and allowance for installment payment without collateral, and deferment of compulsory collection. Benefits such as these were also provided, creating conditions for flexible and active corporate management.
Kim was also selected as a conscientious taxpayer in 2024 according to the ‘Ordinance on the Treatment and Support of Conscientious Taxpayers’ implemented by Yongin City. Accordingly, Surplus Global will also receive various benefits, such as exemption from parking fees at public parking lots in Yongin City and preferential interest rates and fee exemption from Nonghyup, a safe depository bank in Yongin City.
“We believe that transparency is the competitive edge of a company,” says Kim. “With this award of the Deputy Prime Minister’s Award as an exemplary taxpayer and selection as a conscientious taxpayer by Yongin City, we will become a company that fulfills its social responsibilities and contributes to the local community through more transparent and responsible corporate operations.”
Surplus Global’s exemplary taxpayer award and selection as a conscientious taxpayer is an example of national recognition of its efforts to create a sound corporate culture along with faithful tax payment and is expected to continue to increase corporate value through transparent management.
