1

0

General

A famous entertainment agency fined $2 million for tax evasion

Posted by yckim124770 pts Wednesday, September 12, 2018
misc.
A famous entertainment�agency has been fined for tax evasion.�

According to the�National Tax Service of South Korea, an entertainment agency gained a revenue of 7 billion KRW (6.2 million USD) from their artist's concert. However, the agency transferred the money to a paper company they established in Hong Kong to avoid paying taxes.�

The agency's illegal act has been caught by the National Tax Service of South Korea. The agency is now demanded to pay a total of 9 billion KRW (8 million USD) for the transferred�revenue plus an additional 2 billion KRW (1.8 million USD) in fines.�

Meanwhile, The National Tax Service of South Korea announced that several celebrities were also fined for tax evasion.�
  1. misc.
0 16,683 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Psy
Busan Police officers under investigation for unauthorized attendance at Psy’s ‘Summer Swag 2025’ concert
3 hours ago      4,318
Song Ha Yoon
Song Ha Yoon’s legal team to cover accuser’s travel expenses ahead of planned investigation
4 hours ago      4,475
ALLDAY PROJECT, Tarzzan, Annie
ALLDAY PROJECT's Tarzzan faces backlash over profanity on fan communication platform
1 hour ago      3,664
BTS, Jungkook
Chinese hacker behind $28 million cyber theft targeting BTS’s Jungkook and Korean tycoons arrested in Thailand
7 hours ago      4,202
Song Ha Yoon
Song Ha Yoon’s school bullying accuser announces counter-lawsuit, plans to enter Korea
8 hours ago      9,095
misc.
[EXCLUSIVE INTERVIEW] KPOPPED: Apple TV+ Unites K-Pop and Western Pop in a Global Song Battle
17 minutes ago      429
Stray Kids
T1's Faker makes a surprise appearance in Stray Kids' "CEREMONY" music video
32 minutes ago      453
misc.
Celebrity sexual assault case dropped after alleged influence from Pseudo-monk
55 minutes ago      1,771
ALLDAY PROJECT, Tarzzan, Annie
ALLDAY PROJECT's Tarzzan faces backlash over profanity on fan communication platform
1 hour ago      3,664
IVE, Wonyoung
IVE drops teaser for new title track “XOXZ”
2 hours ago      983
Song Ha Yoon
Song Ha Yoon’s legal team to cover accuser’s travel expenses ahead of planned investigation
4 hours ago      4,475
TXT, Soobin
TXT renews contract with Big Hit Music as a full group “Stay longer, stand by MOA”
3 hours ago      2,016
BTS, Jungkook
Chinese hacker behind $28 million cyber theft targeting BTS’s Jungkook and Korean tycoons arrested in Thailand
7 hours ago      4,202
Psy
Busan Police officers under investigation for unauthorized attendance at Psy’s ‘Summer Swag 2025’ concert
3 hours ago      4,318
IVE, Wonyoung
IVE drops teaser for new title track “XOXZ”
2 hours ago      983
New Message

SEND