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Cha Eun-woo / Courtesy of Fantagio
As allegations of large-scale tax evasion involving Chae Eun-woo — an actor and member of the idol group ASTRO — emerged, his company launched an official assertion saying it should actively cooperate with authorities to make clear the matter.
“The important thing situation is whether or not an organization established by Cha’s mom qualifies as a professional topic of taxation,” Fantagio stated in its assertion concerning the allegation of 20 billion received ($13 million) in tax evasion.
“The corporate will actively make clear its place by acceptable authorized procedures regarding the interpretation and utility of tax legislation.”
The company added, “Cha Eun-woo and his tax representatives will totally cooperate all through the method to make sure it’s concluded as swiftly as attainable, and he’ll proceed to faithfully fulfill all tax reporting and authorized obligations as a law-abiding citizen.”
Earlier within the day, Edaily reported that the Nationwide Tax Service had notified Cha of extra taxes — together with earnings tax — totaling greater than 20 billion received.
In response to the report, an organization based by Cha’s mom signed a service contract with Fantagio to assist his leisure actions, after which his earnings had been distributed amongst Fantagio, the corporate and Cha himself.
Tax authorities reportedly seen the corporate established by Cha’s mom as a paper firm. Cha’s facet has requested a pre-assessment assessment disputing the tax authority’s resolution and is presently awaiting the result.
This text from the Hankook Ilbo, the sister publication of The Korea Occasions, is translated by a generative AI system and edited by The Korea Occasions.
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