*This content was translated by AI.View Original

Regarding the administrative review in which Yoo Yeon-seok lost his request to cancel a tax assessment of around 3 billion won, he stated that it was due to "a difference in tax law interpretation."
Kingkong by Starship, Yoo Yeon-seok's agency, told StarNews on the 5th: "This matter arose from differences in opinion regarding the interpretation and application of tax laws, and relevant procedures have not yet been fully concluded."
The agency continued: "We are carefully reviewing the facts and legal issues at hand, and we will diligently respond according to the procedures stipulated by relevant laws and regulations as needed. Actor Yoo Yeon-seok has fulfilled his tax obligations faithfully thus far, and he will continue to approach related procedures with a responsible attitude in the future."
Earlier that day, according to Edaily, the Tax Tribunal recently rejected Yoo Yeon-seok's appeal regarding a tax dispute involving approximately 3 billion won.
Yoo Yeon-seok has conducted his entertainment activities through Forever Entertainment, a one-person company he established. However, the National Tax Service determined that the corporation did not engage in actual support activities for entertainment work and imposed taxes of around 6 billion won last June.
Subsequently, after an administrative review prior to taxation, the final tax amount was adjusted to approximately 3 billion won. Yoo Yeon-seok paid this amount and then filed a request for tax adjudication. However, the Tax Tribunal ruled that the National Tax Service's tax assessment was justified.
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*This content was translated by AI.View Original


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