Actor Kwon Sang Woo was fined 1 billion Won ($756,985.50 USD) by the National Tax Service.
On February 28, his label Su Company addressed rumors of tax evasion by the actor, stating, "It's not tax omission or evasion. Payment and refund occurred at the same time, so it was a report of correction." However, they did not deny that Kwon Sang Woo had been fined 1 billion Won.
Su Company explained, "The tax authorities asked for clarification on the timing of profit and loss attribution. There was a difference in the timing, so we voluntarily paid after completing the revised return."
In other news, Kwon Sang Woo is starring in the upcoming Disney+ original series 'Han River'.
The funny part of this whenever I see someone get fined for not paying taxes is that if they had paid the taxes, it would be less than the fine amount. The money they thought they were saving, well now they have to pay more for the fine. Life lesson for everyone: pay your taxes.