Yu Jae-seok revealed for the first time on broadcast that he was paying taxes.
On the 1st, the YouTube channel 'DdeunDdeun' released episode 1 of the web variety show "Punghyangjung." This episode of "Punghyangjung" featured Yu Jae-seok, Lee Sung-min, Jee Seokjin and Yang Se-chan.
That day Yu Jae-seok drew surprise by packing so much luggage, including a backpack in addition to a suitcase, despite it being a 2 Days & 1 Night domestic trip. However, among all that luggage he had apparently forgotten and left his wallet behind.
At this, Yu Jae-seok said, "Ah! I didn't bring my wallet? Oh my, call home," quickly contacting his manager and his wife Na Kyung-eun to ask them to bring his wallet. Yu Jae-seok blamed himself, saying, "Ah, you idiot," and hearing this Yang Se-chan also said in disbelief, "That's really an idiot thing to do.. the wallet."
In particular, Yu Jae-seok said, "I'm only telling you, but I need to stop by the bank on the way. I have to pay taxes," and explained, "There is no time now. The recording keeps going." The shoot took place in the last week of June, and Yu Jae-seok had to pay his comprehensive income tax.
Yu Jae-seok asked Jee Seokjin and Lee Sung-min to stop by the bank as well, and while they were moving he told the two, "When you guys withdraw money I'll go pay that tax and be right back."
When Jee Seokjin asked, "Why are you paying taxes now?" Yu Jae-seok explained, "It's due by June 30, but I couldn't because of the recording." When Jee Seokjin complained, "Do it later," Yu Jae-seok rebutted, "There's no doing it later. Taxes have to be paid on time."
Arriving at the bank, Yu Jae-seok walked quickly, and the three watched him and laughed, saying, "The very act of going to pay taxes is funny. Isn't it the first time we've ever seen Yu Jae-seok go to pay taxes on a broadcast?" Hearing this, Yu Jae-seok said, "Paying taxes is really important," as he hurried into the bank.
Meanwhile, Yu Jae-seok underwent an intensive tax audit in 2024, but investigators found no signs of intentional income omission or tax evasion. Afterwards, a tax accountant explained Yu Jae-seok's method of paying taxes, saying that unlike most people who choose bookkeeping because of its greater tax-saving effect, Yu Jae-seok chose an estimated reporting method applying the standard expense ratio.
According to this, if annual revenue is 10 billion won, under bookkeeping reporting one would pay 2.7 billion won in taxes, whereas applying the standard expense ratio would raise the taxable base to 9.12 billion won, requiring payment of 4.1 billion won in taxes.
However, the industry view is that Yu Jae-seok chooses the tax payment method applying the standard expense ratio instead of bookkeeping to block tax controversy and remove the risk of a tax audit.
In fact, Yu Jae-seok's earnest approach to taxes was revealed through "Punghyangjung," and that method of tax payment is being reexamined.
[Photo] OSEN DB, broadcast capture
[OSEN]