Entertainment agency Fantagio issued a formal apology over tax-related allegations involving its artists Cha Eun-woo and Kim Seon-ho, pledging to prevent a recurrence. Cha Eun-woo also apologized again over the tax evasion allegations through his social media (SNS).
Fantagio said in a recent statement, "We deeply apologize for causing concern over the tax-related controversy involving our artists," adding, "We are taking this incident seriously not as an isolated matter but as a failure of the company's management responsibility."
Fantagio added, "We are conducting a full review of our internal management system and decision-making process, and we will strengthen pre-verification procedures such as tax and legal reviews to prevent similar cases from recurring."
Earlier, Cha Eun-woo was notified by the Seoul Regional Tax Service of an additional assessment of about 20 billion won over suspected income tax evasion using a one-person company under his mother's name. Cha Eun-woo has since paid the full amount.
As the controversy grew, Cha Eun-woo directly addressed it on his SNS on the 8th, saying, "I sincerely apologize for disappointing and confusing many people, including fans, over the recent tax payment controversy related to me."
Cha said, "While various administrative procedures were underway, I had no choice but to be cautious about making a statement, and I apologize once again for the delay in speaking up," bowing his head.
He continued, "I respect the procedures and outcome of the National Tax Service and have paid all related taxes to prevent further confusion," adding, "I will also faithfully comply with the remaining procedures."
Kim Seon-ho, who was mentioned alongside Cha, also faced past allegations of tax evasion using a family corporation. It is reported that he has completed the additional payment of personal income tax and finished the process of closing the corporation.