Yoo Jae-suk Says "Paying Taxes Is Really Important" ... Rushes to Bank During Filming

Visiting the Bank During Filming to Meet Tax Deadline
Reiterates the Importance of Payment... A Model for Tax Risk Management

Broadcaster Yoo Jae-suk has drawn attention after footage emerged of him personally visiting a bank to pay his taxes while filming a television program.

Broadcaster Yoo Jae-suk. YouTube capture

In the first episode of the web variety show "Poonghyangjoong," released on the YouTube channel "Tteuntteun" on August 1, Yoo Jae-suk was seen visiting a bank with his colleagues during filming to make sure he paid his comprehensive income tax before the deadline of June 30.

On the day of the shoot, Yoo Jae-suk, who was setting off to Iksan with Lee Sung-min, Ji Seok-jin, and Yang Se-chan, told Yang, "We need to stop by the bank on the way. I have to pay my taxes and there aren’t any days left. I couldn't go because I've been filming nonstop." As the group headed to the bank to withdraw cash, Yoo added, "I have something to say while we’re at the bank. While you’re withdrawing money, I’ll go pay my taxes. It's June 30 today, but I just haven't been able to go because of the constant filming," apologizing for the detour.

When Ji Seok-jin jokingly suggested, "Just do it later," Yoo Jae-suk firmly replied, "You have to pay taxes on time."

In the end, Yoo Jae-suk hurried to the bank to pay his taxes. Yang Se-chan, watching this, commented, "Just going to pay your taxes is kind of funny. Isn’t this the first time Yoo Jae-suk has ever been shown paying taxes on TV?" Yoo Jae-suk reiterated, "Paying taxes is really important," as he headed to the bank.

Previously, Yoo Jae-suk made headlines in 2024 after a rigorous tax audit found no tax return errors, intentional income omissions, or any signs of tax evasion.

Typically, high-earning celebrities and business owners use the bookkeeping method, allowing for tax deductions based on documented expenses. For example, if a business owner earns 10 billion won a year and 4 billion won is recognized as necessary expenses through bookkeeping, the taxable income becomes 6 billion won, and the tax due is about 2.7 billion won. However, Yoo Jae-suk is known to have used the estimated reporting method, applying only the government-designated expense rate to calculate income. Using the same 10 billion won annual income, if the standard expense rate (approximately 8.8%) is applied, only about 880 million won is recognized as expenses, drastically reducing deductible expenses and raising the taxable income to as much as 9.12 billion won. In this case, the tax due amounts to approximately 4.1 billion won, representing an increase of over 1.4 billion won in tax burden compared to the bookkeeping method.

Experts have pointed out that Yoo Jae-suk’s approach to tax payment is highly unusual among high-income earners and serves as a stable "tax risk management model." As a result, Yoo is viewed as someone who prioritizes transparency and maintaining his personal brand value over short-term tax-saving techniques.

This content was produced with the assistance of AI translation services.