Actor Ji Changwook acknowledged that he was investigated by the tax authorities and was hit with a tax assessment in the course of operating a one-person corporation. He did not disclose the amount assessed.
Ji Changwook's agency Spring Company said on the 2nd that it respects the National Tax Service's findings, but also said, "We make it clear that there was absolutely no intentional omission of income or any evasion by improper means."
The agency explained, "We confirmed that, under the substance-over-form taxation principle, there is a difference of opinion with the taxing authorities over whether Ji Changwook's entertainment activities revenue and other income should be attributed to the individual or to the corporation."
It added, "Since his debut in 2008, fulfilling tax obligations faithfully has been our top principle, so we will pay the assessed amount without delay in accordance with the relevant procedures," and said, "We will more closely review our tax and accounting management systems to prevent similar issues from occurring."
Recently in the entertainment industry, singer-actor Cha Eun-woo and actors Yoo Yeon-seok, Lee Ha-nee, and Lee Yi-kyung were notified of tax assessments in the course of operating one-person corporations.