Celebrity

Kwon Sang Woo denied suspicion once again…”Tax evasion with 5 supercars? Clearly not true”

Actor Kwon Sang Woo’s side explained the suspicion of tax evasion.

On March 3rd, Kwon Sang Woo’s agency Su Company announced their official position, “There is a possibility of misunderstanding regarding the tax audit by the National Tax Service in 2020, and incorrect information is being expanded and reproduced, so we would like to correct it.”

kwon sang woo

The agency said, “The report that actor Kwon Sang Woo ‘purchased 5 supercars worth hundreds of millions of won under the name of the corporate body he set up and used them to evade taxes’ is clearly not true. At the time of the tax audit, there were a total of 4 vehicles owned by Su Company, including one domestic SUV, one domestic sedan, one imported SUV and one imported sedan. We inform you that there was no problem because all 4 cars were operated for business purposes to and from the filming site, and they were recognized as corporate body vehicles for business use in the tax investigation.”

kwon sang woo

They explained, “The report that ‘all the vehicles in question were sold’ is not true. Even after the tax audit, they were used as corporate body vehicles for business purposes for a while. In the case of the imported sedan, it was sold out of necessity.”

They added, “Actor Kwon Sang Woo has been paying taxes faithfully. At the time of the 2020 tax audit, the tax authorities asked for clarification on the timing of the profit and loss attribution. There was a difference in the timing, so we voluntarily paid taxes after completing the revised return. We would like to inform you that it’s not tax omission or evasion. Payment and refund occurred at the same time, so it was a report of correction.”

Previously, a media outlet reported, “Kwon Sang Woo and his agency Su Company received an irregular tax audit from the National Tax Service around the beginning of 2020. Through this, they were fined 1 billion won. Kwon Sang Woo purchased 5 supercars worth hundreds of millions of won under the name of the corporate body he set up and sold them all after the tax investigation.” Regarding this, Kwon Sang Woo’s side once explained, “The tax authorities asked for clarification on the timing of the profit and loss attribution. There was a difference in the timing, so we voluntarily paid taxes after completing the revised return. It’s not tax omission or evasion. Payment and refund occurred at the same time, so it was a report of correction.” 

Source: nate

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