Lee Min Ho And His Agency Refute Tax Evasion Allegations

Mar 2, 2023

Lee Min Ho’s agency released a statement regarding tax evasion allegations.

On February 2, Aju News reported that the Seoul Regional Tax Service investigation department carried out an irregular (special) tax investigation against Lee Min Ho and his agency MYM Entertainment in September 2020 and imposed a fine of hundreds of millions of won (hundreds of millions of dollars).

In response to the report, MYM Entertainment released a statement that refutes the tax evasion allegations made against them, stating, “The agency and Lee Min Ho have been paying taxes dutifully, and there has never been a single shameful incident.”

Read the full statement below:

"Hello. This is MYM Entertainment.

We would like to make this announcement to correct matters related to our agency and our agency’s artist.

The agency and actor Lee Min Ho have been paying taxes dutifully, and there has never been a single unsavory incident.

The current situation is an issue that arose due to a difference in interpretation of whether our artist’s previously dealt matter of “compensation for damages caused by the use of illegal portrait rights” was subject to taxation or not, and it was about an additional tax that was determined due to an accounting error in the process of handling corporate expenses. With regard to this, we have dutifully paid.

Thank you."

Source: Soompi