Kim Seon Ho Gets Accused Of Tax Evasion, Agency Denies And Explains His One-Man Agency
Actor Kim Seon Ho’s agency has denied tax evasion allegations.
On the 1st of February, one media outlet reported that Kim Seon Ho had established a performance planning company at the same address as his residence in Yongsan-gu, Seoul, and had listed himself as CEO.
The report claimed that the company’s internal director and auditor were registered as his father and mother, respectively, and that the company was not registered as a popular culture and arts planning business.
During the operation of the corporation, Kim Seon Ho allegedly paid salaries to his parents, with the money later being transferred back to him. It was also reported that his parents used the corporate card for living expenses and some personal spending, and that a vehicle was registered under the corporation’s name. As a result, suspicions were raised over corporate tax reduction, along with concerns that the private use of a corporate card could constitute occupational breach of trust or embezzlement.
Later on the same day, Fantagio denied the accusations in an official statement. They explained that the one-man agency he had established was for his theater work and will shut down soon. They also denied the tax evasion allegations.
▲ Full official statement from Kim Seon Ho’s side
Hello. This is Fantagio, the agency of actor Kim Seon Ho.
We are issuing an official statement regarding the reports raised today about Kim Seon Ho’s operation of a single-person corporation.
Kim Seon Ho is currently active under an exclusive contract signed in his personal name with Fantagio, and all legal and tax procedures related to his current contractual relationship and activities are being faithfully observed.
We clearly state that there are no issues whatsoever regarding Kim Seon Ho’s contract and activities with Fantagio.
The former single-person corporation mentioned in the report was established for theater production and theater-related activities, and it was absolutely not created with the intention of deliberate tax reduction or tax evasion. However, after transferring to Fantagio, actual business activities had not been carried out for about a year, and the company is currently undergoing closure procedures in accordance with relevant laws and procedures.
We will continue to comply with all relevant laws and procedures in all activities, and we will do our utmost to ensure that the actor’s activities can continue without unnecessary misunderstandings.
Thank you.
What do you think of their response?
Source: (A)
