Yoo Yeon Seok’s tax evasion amount reduced by 4 billion KRW after re-evaluation; actor pays it in full: Report

Yoo Yeon Seok became as soon as reported to face the excellent amount of tax penalty among all South Korean celebrities, nonetheless the tax evasion amount became as soon as diminished after a re-examination. At first, he became as soon as notified of a 7 billion KRW tax penalty by the National Tax Provider in March 2025. However, following a month-lengthy audit, the penalty became as soon as attributable to this truth diminished, as reported by an April 10 document of Allkpop. His agency commented on the topic and likewise published that he paid up the final amount in its entirety.

Beforehand Yoo Yeon Seok’s agency, King Kong by Starship, contested the 7 billion KRW tax penalty, and following a re-examination by the National Tax Provider, the tax evasion amount became as soon as diminished from 7 billion KRW (480,000 USD) to a pair billion KRW (206,000 USD). On the same day, his agency confirmed, “After clarifying diversified interpretations of present tax legal tricks, the National Tax Provider has diagnosed that Yoo Yeon Seok also can were topic to double taxation.”

As a result of double taxation, the amount became as soon as beforehand calculated to be 3 billion KRW more; alternatively, the When the Phone Rings actor’s ticket notified of a distinction within the calculation of the firm’s tax accountant and the investigative authorities. As per their latest statement, “The amount owed by Yoo Yeon Seok in accordance to the re-examination came out to be 3 billion KRW, which the actor paid in elephantine.” They also explained the place of abode off of the discrepancies between the old penalty amount and the diminished one.

As per the ticket, Yoo Yeon Seok, “Since 2015, Yoo Yeon Seok has developed and produced vow material on YouTube as an extension of his entertainment actions.” Which capacity that purpose, the actor created an agency of his comprise and faced suspicions relating to financial backing for an identical.

The agency stated, “So as to shield watch over his actions on YouTube as neatly as in diversified areas worship the food service industry, Yoo Yeon Seok established an agency. The National Tax Provider in the initiating attempted to impose a non-public profits tax on earnings from Yoo Yeon Seok’s agency in preference to an organization tax, ensuing within the high tax penalty,” the ticket published.