Lee Min-ho's side explains tax evasion suspicions

Actor Lee Min-ho's agency released an official statement regarding reports regarding additional fines.

On the 2nd, MYM Entertainment, the agency, said, "Our company and actor Lee Min-ho have been faithfully paying taxes so far, and there has never been a single unpleasant incident."

He added, "The current situation is an issue that arose due to differences in interpretation of whether or not the 'compensation for damages from illegal use of portrait rights' previously carried out by affiliated artists is subject to taxation."

The agency said, "This was for additional taxes incurred due to a correction decision due to an accounting error in the corporate expense processing process. This was paid faithfully."

Previously, Aju Economic Daily reported that the Seoul Regional Tax Office's investigation bureau began an irregular (special) tax investigation against Lee Min-ho and his agency MYM Entertainment. According to this, Lee Min-ho and MYM Entertainment were each imposed additional fines.Below is the full official statement from Lee Min-ho's agency, MYM Entertainment.hello. This is MYM Entertainment.

We are informing you to correct matters related to our company and our artists.

Our company and actor Lee Min-ho have been faithfully paying their taxes so far, and we have never had a single unpleasant incident.

The current situation is a matter arising from a difference in interpretation of whether or not the affiliated artist's 'compensation for damages from illegal use of portrait rights' that was previously in progress was subject to taxation, and a correction decision was made due to an accounting error in the corporate expense processing process, resulting in additional taxes. It was. I paid this in good faith.

thank you

Kang Min-kyung, Ten Asia reporter kkk39@tenasia.co.kr