If there’s one thing we’ve learned from Fan Bingbing’s notorious tax evasion scandal, it’s… well, to pay your damn taxes, especially if you’re famous and raking in loads of moolah. And this isn’t something that only Chinese celebs — or Taiwan-based ones, for that matter — have come under scrutiny for.
Recently, South Korean media reported that a well-known actor was suspected of evading taxes amounting to as high as 1bil won (S$1.2mil) by setting up a company under his family’s name and taking advantage of the difference in tax rates between corporations and high-earning individuals.
Basically, he ‘reduced’ his own income and ‘increased’ his agency’s earnings to pay fewer taxes, and then lowered the company’s taxes by using credit cards and imported vehicles as corporate expenses. He is currently being investigated by the National Tax Service.
While no other details were revealed, netizens had a field day coming up with their own theories with two two recognisable names being floated: Lee Min Ho and Ha Jung Woo. This is ‘cos they are both under agencies that are managed by their older sister and younger brother respectively.