South Korean actors Kim Tae-hee, Kwon Sang-woo pay large tax fines, deny tax evasion rumours

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Another two actors have denied allegations of tax evasion after being fined by the South Korean tax authorities.

Kwon Sang-woo, 46, was reported by South Korean media retailers to have paid a hefty one billion gained (RM3.4mil) superb to the National Tax Service, whereas Kim Tae-hee, 42, was mentioned to have been fined a number of hundred million gained.

Media reviews earlier this week mentioned Kwon had purchased 5 luxurious vehicles – together with a Maybach, a Ferrari and a Rolls-Royce – by means of an organization he had arrange. This led to an irregular tax audit, which is carried out when there may be suspicion of tax evasion.

His administration company, Su Company, addressed the allegations on Tuesday (Feb 28), saying: “It’s not tax omission or evasion. Payment and refund occurred at the same time, so it was a report of correction.”

It added: “The tax authorities asked for clarification on the timing of profit and loss attribution. There was a difference in the timing, so we voluntarily paid after completing the revised return.”

Popular Ok-drama actress Kim, who’s married to singer-actor Rain, 42, additionally denied rumours of tax evasion by means of her company, Story J Company.

In an announcement on Wednesday, it mentioned: “Throughout the years, Kim Tae-hee has sincerely and faithfully paid taxes in accordance with the law.”

It added that there was a delay within the fee of an commercial modelling charge across the time that Kim’s contract together with her former company, Lua Entertainment, led to 2019.

This charge was later deposited by her former company to Kim’s private account.

Story J Company mentioned: “Revenues were reported diligently by Kim Tae-hee’s management and her former agency, and all due tax payments were made. However, her former agency treated the revenues from Kim Tae-hee’s (advertisement) deals as her sole revenue. Due to this internal conflict, there was a delay in the reporting of these earnings.

“The company would like to emphasise that no disgraceful activities took place during the auditing process, only that the actress was required to pay additional taxes, which she did diligently.”

Earlier this week, high actor Lee Byung-hun, 52, denied allegations of tax evasion after present process a particular tax audit and paid a superb of 100 million gained. – The Straits Times/Asia News Network




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