*This content was translated by AI.
Actor Kim Sun-ho has been embroiled in allegations of tax evasion through a single-person corporation. The current agency Fantagio denied the allegations, but the corporation was reportedly established before leaving its former agency, Salt Entertainment.
According to Sports Trends on the 1st, Kim Sun-ho established a separate performance planning corporation in January 2024 at his home address in Yongsan-gu, Seoul. The corporation is known to have operated under a family management system in which Kim Sun-ho is the CEO and parents are registered as an in-house director and auditor.
The key to the allegations is the flow of funds and the private use of corporate cards. The circumstances were raised that Kim Sun-ho paid tens of millions of won per month to his parents with corporate funds and then transferred it back to his account. In addition, records of the father paying for cigarettes with a corporate card or using them at entertainment establishments such as karaoke bars were also revealed.
In particular, the timing of the establishment of a corporation is drawing attention. January 2024 is when Kim Sun-ho was affiliated with Salt Entertainment, his former agency. Kim Sun-ho later terminated his exclusive contract with Salt Entertainment in February 2025 after six years, and moved to Fantagio a month later in March.
At the time of the transfer, rumors were raised that Kim Sun-ho received a down payment worth a whopping 2 billion won from Fantagio. However, Fantagio declined to comment, saying, "The down payment for actors is a matter of company security."
Meanwhile, Fantagio denied Kim Sun-ho's alleged tax evasion. "Kim Sun-ho has signed an exclusive contract with Fantagio under his personal name and is faithfully complying with legal and tax procedures regarding his current contractual relationship and activities," Fantagio said in an official statement. "We clearly state that there are no problems with the contract and activities of Kim Sun-ho and his agency Fantagio."
In addition, regarding the past corporation, "it was established for theater production and theater-related activities, and it is not a corporation established for the purpose of deliberate tax savings or tax evasion. However, since moving to Fantagio, the actual business activities have not been carried out since about a year ago, and we are currently in the process of closing the business in accordance with related laws and procedures.
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*This content was translated by AI.
