Entertainment agency's tax audit = 104 cases, 69 billion won additional over five years..Seven times more in four years

*This content was translated by AI.

Over the past five years, 104 tax investigations have been conducted by registered companies in the pop culture and arts planning business, and the amount of tax levied is 69 billion won.

According to News 1, Park Min-gyu of the Democratic Party of Korea, a member of the National Assembly's Finance and Economic Planning Committee, said, "As a result of checking the data received from the National Tax Service, 104 tax investigations and 69 billion won in additional tax have been collected for companies registered as pop culture and arts planning businesses by the Korea Creative Content Agency over the past five years."

There were 22 tax audits in 2020, 18 in 2021, 22 in 2022, 15 in 2023, and 27 in 2024. The additional tax amount increased 7.8 times in four years from 3.9 billion won in 2020 to 30.3 billion won in 2024.

There were also 54 cases of objection procedures in opposition to the tax investigation. There are 12 cases of negative taxation, 35 cases of request for trial, and 7 cases of litigation. The number of complaints increased from four in 2020 to 19 in 2024, and the amount of claims also increased from 8.11 billion won in 2020 to 30.39 billion won in 2024.

Rep. Park argued that the taxation standard that properly reflects the characteristics of the industry should be considered over the repeated tax disputes and tax evasion controversies at each tax audit.

Rep. Park also said, "It is necessary to prepare clear taxation standards that reflect the characteristics of the industry to induce faithful tax payment," adding, "We are also considering ways to impose additional corporate taxes on individual corporations that meet certain requirements."

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*This content was translated by AI.