Yoo Yeon Seok to pay biggest tax evasion amount among Korean celebs? Agency ‘currently awaiting’ final ruling

When the Cellular phone Rings fame Yoo Yeon Seok used to be reportedly below investigation relating to tax payment. On March 14, the Nationwide Tax Service notified him that they would perchance impose taxes worth 7 billion KRW, collectively with earnings tax, as reported by Good adequate-media Nocut Data. As of now, it’s miles basically the most attention-grabbing amount of tax evasion levied against a South Korean celeb.

The actor’s agency launched an reliable assertion notifying the motive of the tax evasion allegations and ready for the court ruling for the identical.

Yoo Yeon Seok’s agency, King Kong by Starship, talked about the extra tax pickle coming up from differences in the calculation of the corporate’s tax accountant and the investigative authorities. As per them, while calculating the amount, the Nationwide Tax Service regarded as the past five years of earnings from diversified sources of earnings of Yoo Yeon Seok.

These encompass his “YouTube train material development and manufacturing—established as an extension of his entertainment career—besides to extra trade and meals ventures constructed upon it, as subject to personal earnings tax in preference to company tax.”

The Nationwide Tax Service’s investigation results also found signs of tax payment subject for the length of the developing of Without halt Leisure. It’s a ways a one-man entertainment company, where Yoo Yeon Seok serves as the CEO. The actor expressed dissatisfaction relating to the 7 billion KRW extra tax levied on him and requested a pre-tax suitability analysis relating to the identical.

Yoo Yeon Seok’s aspect presented that they’ll actively cooperate with the analysis route of to rectify the imposed tax amount.

They inquire of of the initial 7 billion KRW tax bill to be considerably reduced to approximately 3 billion KRW after offering the crucial explanations. His appropriate crew plans to actively address and account for the matter for the length of the upcoming analysis route of in court. King Kong talked about of their assertion, “We are for the time being looking forward to the tax authority’s final ruling following the pre-analysis analysis.”

As per them, the evasion amount is “no longer but a confirmed or finalized decision” and is subject to appropriate procedures.

The agency acknowledged that Yoo Yeon Seok has continuously demonstrated a dedication to “pleasant his tax duties with integrity”. They added that he’s going to proceed to conform with all relevant licensed guidelines and procedures, upholding his duties as a citizen.