Yoo Yeon-seok's Appeal Against 3 Billion Won Tax Bill Dismissed by Tax Tribunal

"Faithfully Fulfilled Tax Obligations," Agency Explains
Possibility of Administrative Lawsuit Raised

The tax appeal filed by actor Yoo Yeon-seok, who contested a tax assessment of around 3 billion won, has been rejected. On August 5, his agency, King Kong by Starship, announced that the National Tax Tribunal dismissed the appeal last month.

Last year, Yoo Yeon-seok was notified of an additional tax bill of about 7 billion won during the operation of his one-person corporation. After filing a pre-assessment review and being recognized for double taxation, his final tax liability was reduced to about 3 billion won. Although Yoo Yeon-seok paid the full amount, he filed a tax appeal to contest the National Tax Service's assessment but was unable to overturn the decision. Some sources have raised the possibility that he may pursue an administrative lawsuit.

King Kong by Starship stated, "This issue stems from differences in interpretation and application of tax laws," adding, "The related procedures are not yet fully concluded." The agency further said, "We are carefully reviewing the facts and legal points of contention, and we intend to respond diligently according to procedures stipulated by relevant laws as needed. Yoo Yeon-seok has faithfully complied with his tax obligations so far and will continue to approach all related matters responsibly."

Yoo Yeon-seok's dispute is not the only tax issue involving one-person management agencies. Singer and actor Cha Eun-woo was also assessed approximately 13 billion won by the National Tax Service. He paid the full amount and, believing the tax assessment was unjust, reportedly submitted a tax appeal.

On August 3, attorney Son Jeonghye, appearing on MBN's 'The Punch,' commented, "One-person agencies are a representative source of problems," explaining, "This is because the corporate income tax rate and personal income tax rate are different." She added, "If, in reality, only the corporate structure exists for the purpose of handling personal income tax, there has been frequent contention over whether personal income tax should ultimately be paid. Another recurring issue is whether expenses incurred by entertainers should be recognized as actual costs. Because many expenses are difficult to prove, it is common for taxes to be paid first, and for the facts or evidence to be legally disputed later."

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