“No issues, so why is it closing?” Kim Seon-ho remains silent on the private use of parents’ salaries and company credit cards… “An explanation lacking substance.”

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[My Daily = Reporter Gwak Myeong-dong] Actor Kim Seon-ho has been caught in a controversy over running a family corporation allegedly to evade taxes. His agency rebutted the claims, stating, “It was not established for the purpose of tax evasion.” However, they remained silent on the core issues of paying his parents a salary and personal use of a corporate card, leading to criticism that the explanation lacks substance.

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Kim Seon-ho’s agency, Fantagio, stated on the 1st, “Kim Seon-ho has been active under an exclusive contract with Fantagio in his personal name, and he has been diligently complying with all legal and tax procedures related to his current contractual and activity relationships,” adding, “There is no issue regarding Kim Seon-ho and Fantagio’s contract and activities.”

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The agency further explained, “The single-member corporation mentioned in the reports was established for theater production and related activities,” emphasizing, “It was never established with the intention of deliberate tax avoidance or evasion.”

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Earlier that day, a media outlet reported that following Cha Eun-woo, also from Fantagio, Kim Seon-ho has been using a family corporation for substantial ‘tax avoidance (evasion).’ According to the report, Kim Seon-ho established a performance planning corporation at the address of his residence in Yongsan, Seoul, in January 2024, listing himself as the CEO.

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The company’s internal director and auditor roles were filled by Kim Seon-ho’s parents, with allegations that he paid them salaries of several millions to tens of millions of won and used the corporate card for living and entertainment expenses. This led to criticism that the company may be a ‘paper company’ with no real business activities.

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Fantagio explained regarding the corporation, “Since Kim Seon-ho moved to Fantagio, no actual business activities have occurred for over a year, and currently, we are proceeding with closure procedures in accordance with relevant laws and practices,” stating, “We will continue to comply with laws and procedures in all activities and strive to ensure that the actor’s activities continue without unnecessary misunderstandings.”

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However, netizens reacted coldly, saying, “If there’s no problem, why close the business,” “There is no explanation for the parents’ salary and entertainment expenses usage,” and “Is this another Cha Eun-woo incident?” Previously, Cha Eun-woo was also criticized for not providing a specific explanation for registering his one-man agency at his parents’ eel restaurant in Ganghwa Island.

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Meanwhile, Kim Seon-ho, who took time off in reflection following a personal life controversy in 2021, made a comeback in 2023 with the film “The Childe.” Recently, he shot to global fame with Netflix’s “Is This Love Translatable?” However, the ‘family corporation’ controversy has once again cast a shadow over his activities.

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, [HOT NEWS], , , , , , , , , , , ‘Reporter Gwak Myeong-dong ([email protected])’,