* Translated by Papago

Starnews

"Suspected tax evasion." It was different from Cha Eun-woo.."Yoo Jae-seok earns 10 billion won and pays 4.1 billion won in taxes." Even experts are surprised by the flawless tax [Star Issue].

Published :
Choi Hyejin

*This content was translated by AI.

Yoo Jae-seok (left), Cha Eun-woo/photograph = Star News

As singer and actor Cha Eun-woo is embroiled in suspicions of tax evasion worth 20 billion won, the tax payment move of Yoo Jae-seok, a broadcaster who proved his sincere payment in a high-intensity tax investigation in the past, is drawing attention again.

Suspicions of Cha Eun-woo's tax evasion emerged on the 22nd. In this regard, the agency Fantagio said on the 22nd, "The main issue is whether the corporation established by Cha Eun-woo's mother is subject to real taxation."

Earlier, the National Tax Service reportedly notified Cha Eun-woo of tax collection worth more than 20 billion won on charges of tax evasion. This is the largest amount ever imposed on domestic celebrities.

The core of the National Tax Service's investigation results is the structure of a service contract between corporation A established by Cha Eun-woo's mother and the agency. The tax authorities judged corporation A as a 'paper company' with no actual service provision. It was believed that the method of distributing profits to Fantagio, corporations, and individuals was used as a trick to reduce taxes without substantial economic activity.

Yoo Jae-suk / Photo = Lee Dong-hoon photoguy@

As Cha Eun-woo's controversy grows, the case of Yoo Jae-seok, who had no tax evasion at all in the high-intensity tax investigation in 2024, is being re-examined in contrast.

In August last year, tax accountant Yoon Na-gyeom unveiled Yoo Jae-seok's unconventional tax payment method through YouTube channel 'Saving Tax TV'. Usually, celebrities choose a "bookkeeping report" that maximizes the processing of expenses by recording their expenditure on the ledger through a tax accountant and save taxes. Yoo Jae-seok, however, reportedly chose to report the standard expense ratio (estimated report), which is much higher in taxes, instead of having to collect evidence.

Yoon Na-gyeom, a tax accountant, explained, "If you earn 10 billion won a year and file a book report, you will receive about 2.7 billion won in taxes, but if you apply the standard expense ratio (8.8%) like Yoo Jae-seok, you will pay 4.1 billion won in taxes."

"It is an exceptional case of choosing trust over money," he said. "It seems that he has practiced true Noblesse Oblige." It is worth being proud to pay taxes proudly," he said.

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*This content was translated by AI.

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