*This content was translated by AI.
Boy group Astro member and actor Cha Eun-woo was disgraced as an "icon of tax evasion."
Currently, Cha Eun-woo is suspected of tax evasion worth a whopping 20 billion won. After Cha Eun-woo's mother, Choi, signed a contract to support entertainment activities, the corporation A and his agency Fantagio reportedly shared their income with Fantagio.
Regarding this, the National Tax Service judged A as a so-called "paper company" that did not actually provide services, and predicted that Cha Eun-woo and his mother set up an unrealistic A to reduce income taxes of 45% 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 conclusion, the profits that A earned eventually went to Cha Eun-woo, and Cha Eun-woo did not pay more than 20 billion won in income tax.
In connection with the allegations, Cha Eun-woo received a high-intensity investigation from the Seoul Regional Tax Office in the first half of last year on tax evasion charges.
Fantagio announced its official position on the 22nd. "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," he said. In addition, he added, "Cha Eun-woo promises to faithfully fulfill his tax returns and legal obligations as a member of the people in the future."
However, criticism against Cha Eun-woo is growing uncontrollably as corporate A has been changed from a corporation to a limited liability company to avoid external audits and the fact that A's address to Ganghwado Island also serves as a kind of "tax haven" to avoid heavy taxation of employment registration tax (three times the basic tax rate) when a corporation acquires real estate.
Meanwhile, Cha Eun-woo's appearance on tvN's entertainment show "You Quiz on the Block" (hereinafter referred to as "You Quiz"), which aired in May 2024, is also being re-examined. At the time, when asked by Yoo Jae-seok, "What do you think he will look like in 10 years?" he said, "I sometimes think about that, too. If athletes are running for first place, championship, and gold medal, what should the people on our side see to run? Of course, the award at the end of the year is worthwhile, but I'm embarrassed when I asked, "What's the ultimate?" but I thought "Let's become an icon of the times" and "Let's become a person who comes to mind when we think of that era" were really cool people.
In addition, Cha Eun-woo expressed his extraordinary ambition, saying, "More clearly!" when Yoo Jae-seok said, "Eun-woo is such an icon now..."
Currently, Cha Eun-woo has become an "icon of the times" as he wants. Although it is negatively labeled, it has become an "icon of tax evasion." In fact, 20 billion won is the highest amount ever imposed on Korean celebrities. The amount is high enough to rank sixth in the world rankings.
Cha Eun-woo joined the army in July last year. Currently serving in the military, he has not expressed his position on the alleged tax evasion of 20 billion won. The scheduled date of discharge is January 27 next year.
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*This content was translated by AI.
