Top celebrity 'A' has been fined billions of Won for tax evasion.
According to reports on November 4, the National Tax Service launched a tax investigation into 38 people suspected of evading taxes in addition to a celebrity. On the same day, the NTS unveiled a tax investigative plan for celebrities who purchased high-priced real estate and owners who misappropriated and illegally donated company funds.
In the midst of the investigation, 'A' was known for having established an agency under his family's name and signed an exclusive contract with the label. He used the difference between the corporate tax rate and income rate for high-income earners to reduce his income and increase the income of agencies to pay less taxes. In addition, 'A' personally used expensive foreign vehicles and corporate cards in the name of the agency, which were treated as expenses for the agency, reducing corporate taxes.
Stay tuned for updates.
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Posted by Wednesday, November 4, 2020
Top celebrity fined billions of Won for tax evasion
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I'm sorry but who is "A" only makes me think about Pretty Little Liars days.
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