[Full article] Actor Jo Jin Woo pays 1.1 billion won in taxes... ”Difference in interpretation of tax law, paid in full”

It has been revealed that actor Jo Jin Woo has been taxed 1.1 billion won (approximately 110 million yen) by the tax authorities. The management office said, "This is due to a difference in interpretation of the tax law, and the entire amount of the tax levied will be
Actor Jo Jin Woo was assessed approximately 1.1 billion won in taxes during a regular tax investigation by the tax authorities, and the tax authorities have decided to pay the amount.
The above case concerns whether the profits of a corporation established by actor Jo Jin Woo are subject to personal income tax.
The case arose from a difference in opinion between tax agents and tax authorities regarding the interpretation and application of tax law. Actor Jo Jin Woo filed corporate tax on corporate income according to the general tax treatment method.
Actor Jo Jin Woo promptly paid the entire amount of tax levied by the tax authorities in accordance with their decision.
However, the above decision by the tax authorities was different from the tax practice at the time, and was a point of contention among experts and academics.
In order to receive a legally sound judgment, we have requested the Tax Tribunal to make a careful request, and the hearing is currently underway. We understand that there are many similar cases.
Actor Jo Jin Woo has always made an effort to faithfully fulfill his tax obligations as a citizen of the Republic of Korea and will continue to do so in accordance with the law and procedures.
We promise to comply with these rules and fulfill our responsibilities and obligations.