*This content was translated by AI.
Actor Kim Sun-ho's alleged tax evasion through a single-person corporation was immediately explained by his agency Fantagio, but I can't erase the feeling that something is missing.
Regarding Kim Sun-ho's alleged tax evasion, Fantagio said in an official statement on the 1st, "Kim Sun-ho 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. We clearly state that there are no problems with the contract and activities of Kim Sun-ho and his agency Fantagio."
Fantagio also said of the past corporation, "It was established for theater production and theater-related activities, and is never 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.
According to Sports Trends, 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 was 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 the case of the establishment of the corporation, January 2024 was the time when Kim Sun-ho belonged to his former agency, Salt Entertainment. 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."
There are no legal or tax problems in the contractual relationship, and corporations in the past have no purpose of deliberate tax savings and tax evasion, but the fact that Kim Sun-ho's parents' salary payment, account transfer, and private use of corporate cards do not seem to be a big problem. Earlier, Cha Eun-woo had also raised public anger over the additional suspicions that came out one after another after another after 20 billion won of tax evasion was raised, in that Cha Eun-woo himself only continued to apologize and reflect on himself without elaborating. If suspicions against Kim Sun-ho materialize in the future, it may also be difficult to avoid criticism.
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*This content was translated by AI.
