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Kim Seon Ho After Tax Issues, Process of Closing Personal Company

Korean actor Kim Seon Ho expressed his apology after his name was implicated in alleged tax issues related to the management of a personal business entity. The agency also spoke out, explaining the chronology of the establishment and the cessation of operations of the business entity.

Even with an official clarification, this controversy remains a public concern as it emerged during Kim Seon Ho's quite successful acting comeback.

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The agency Fantagio issued a second statement to clarify the tax issue and the actor's personal business. They emphasized that there were no contract violations or illegal activities related to Kim Seon Ho's collaboration with the agency.

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Fantagio explained that Kim Seon Ho has paid additional personal income tax on previous earnings. This step was taken as a form of correction as well as tax administration responsibility.

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Kim Seon Ho is also reported to have returned company cards, vehicles, and stopped paying family salaries from the business entity. This was done to avoid potential public misunderstandings.

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The issue developed because the business entity was allegedly used to suppress relatively high personal income tax. Some reports even highlighted the use of company funds for non-business needs. The agency acted quickly to provide clarification.