Cha Eun-woo, was it a waste to pay income tax..Allegations of 20 billion tax evasion by the parent corporation [Roundup]

*This content was translated by AI.

As much as 20 billion won, the highest amount ever imposed on existing celebrities.

Cha Eun-woo, a member of boy group Astro and actor, has become the main character of the alleged tax evasion of 20 billion won.

A media outlet reported on the 22nd that a corporation A founded by Cha Eun-woo's mother intervened between Cha Eun-woo and his agency Fantagio and shared the income earned by Cha Eun-woo.

However, the National Tax Service judged A corporation as a "paper company" and predicted that Cha Eun-woo and his mother set up an unrealistic A corporation to reduce income taxes of 45 percent and distributed income to be subject to a corporate tax rate that is more than 20 percentage points lower than the income tax rate.

In the first half of last year, Cha Eun-woo was investigated by the Seoul Regional Tax Office on tax evasion charges, and the National Tax Service reportedly sent a notice of the results of the tax investigation after waiting until the enlistment was completed at the request of Cha Eun-woo. Cha Eun-woo joined the army in July last year.

In this regard, Cha Eun-woo is reportedly waiting for the results of the "pre-taxation review" that he filed against the National Tax Service's decision, saying, "It is not a paper company without substance, but an official registration company for the pop culture and arts planning business."

On the same day, Fantagio also opened his mouth. Fantagio said, "The main issue is whether the corporation established by Cha Eun-woo's mother is subject to real taxation, and it is not currently finalized and announced, and we will actively explain issues related to legal interpretation and application in accordance with due process."

The artist and tax representative will cooperate faithfully so that the process can be completed as soon as possible, Fantagio said. "Cha Eun-woo promises to faithfully fulfill his tax returns and legal obligations as a member of the people in the future."

- Next is the full text of Fantagio's official entrance.

Hello, I'm Fantagio.

We will announce our official position on the article related to the tax investigation of Cha Eun-woo, an artist under our company, reported today.

The main issue is whether the corporation established by Cha Eun-woo's mother is subject to real taxation, and it is not currently finalized and announced, and we will actively explain the issues related to legal interpretation and application in accordance with due process.

The artist and tax representative will sincerely cooperate so that the process can be completed as soon as possible.

As one of the people, Cha Eun-woo promises to faithfully fulfill his tax returns and legal obligations.

Thank you.

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*This content was translated by AI.