* Translated by AI

Starnews

[Official] Lee Yi-kyung, following Cha Eun-woo, faces tax evasion allegations regarding "single-person corporation" [Full Text]

Published:

Heo Jihyung

*This content was translated by AI.

Actor Lee Yi-kyung poses at the press screening and press conference for the film "Hitman 2" held at Seoul CGV Yongsan i-Park Mall on the afternoon of the 15th. /2025.01.15 /Photo=Lee Dong-hoon photoguy@
Actor Lee Yi-kyung poses at the press screening and press conference for the film "Hitman 2" held at Seoul CGV Yongsan i-Park Mall on the afternoon of the 15th. /2025.01.15 /Photo=Lee Dong-hoon photoguy@

Actor Lee Yi-kyung has issued a statement regarding tax evasion allegations.

Lee Yi-kyung's agency, Sangyoung Entertainment, issued an official statement on the 13th, explaining, "The results of this tax audit resulted from a difference in tax law interpretation between the tax authorities and our company regarding cost handling standards during the corporation's operation."

The agency continued, "Lee Yi-kyung has always complied with tax laws and faithfully fulfilled tax obligations since his debut. During the recent tax audit process, he transparently submitted relevant materials and cooperated diligently with the investigation. There was no intentional omission of income or tax evasion through improper means whatsoever."

The agency added, "We respect the investigation results of the National Tax Service and intend to pay the assessed additional taxes without delay in accordance with relevant procedures. We sincerely apologize for the concern caused and will more closely inspect our tax and accounting management systems to prevent similar incidents in the future. We will continue to comply with laws and principles and faithfully fulfill our tax obligations."

Earlier, according to X Sports News on this day, the National Tax Service determined that Lee Yi-kyung reduced taxes by processing part of his personal income as corporate revenue through a one-person planning company he established. The agency viewed this as a potential tax avoidance scheme, taking advantage of the fact that the maximum corporate tax rate is lower than the general income tax rate. In response, Lee Yi-kyung's agency completely denied the allegations.

Recently, the entertainment industry has faced controversy as several celebrities, including Cha Eun-woo, Kim Sun-ho, Yoo Yeon-seok, and Lee Ha-neui, have had taxes assessed through the use of corporations.

Below is the full statement from Lee Yi-kyung's agency, Sangyoung Entertainment.

Hello, this is Sangyoung Entertainment. We are speaking regarding the results of the tax audit concerning our actor, Lee Yi-kyung.

First, we deeply apologize for causing concern to many people due to this incident.

Lee Yi-kyung has always complied with tax laws and faithfully fulfilled tax obligations since his debut. During the recent tax audit process, he transparently submitted relevant materials and cooperated diligently with the investigation.

The results of this tax audit resulted from a difference in tax law interpretation between the tax authorities and our company regarding cost handling standards during the corporation's operation. We clearly state that there was no intentional omission of income or tax evasion through improper means whatsoever.

We respect the investigation results of the National Tax Service and intend to pay the assessed additional taxes without delay in accordance with relevant procedures.

Once again, we sincerely apologize for causing concern to many people and will more closely inspect our tax and accounting management systems to prevent similar incidents in the future. We will continue to comply with laws and principles and faithfully fulfill our tax obligations.

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*This content was translated by AI.

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