Actor Kim Seon-ho 'deeply reflects' on private firm setup, pays back taxes

actor-tax evasion allegations

심선아

| 2026-02-04 15:46:00

▲ Actor Kim Seon-ho poses at a press conference for Netflix's new romantic comedy "Can This Love Be Translated?" in Seoul in this Jan. 13, 2026, file photo. (Yonhap)

actor-tax evasion allegations

Actor Kim Seon-ho 'deeply reflects' on private firm setup, pays back taxes

SEOUL, Feb. 4 (Yonhap) -- Actor Kim Seon-ho has paid additional personal income tax and is shutting down a one-person corporation he established, his agency said Wednesday, following allegations that the controversial entity was used to avoid taxes.

The controversy arose after local media recently reported that Kim created the talent agency using his home address in Seoul, with family members listed as executives.

Reports suggested Kim received earnings for his entertainment activities through the firm during a previous management contract, prompting speculation that the company was intended to reduce his tax burden.

Through his current agency, Fantagio, Kim admitted to having an "insufficient understanding" of managing such an entity. The agency said in a statement that the star "deeply reflects" on his decision to establish and maintain the company.

Fantagio explained that Kim founded the company in January 2024 and received settlement payments through it until he signed a new contract with the agency under his personal name in February 2025.

Although the agency previously stated the company was created for theater-related work and "was never intended for tax evasion," it admitted Wednesday that Kim had received payments through the corporation while with his former agency.

Fantagio added that there had been "no effective corporate activity" for more than a year after Kim realized the setup could cause misunderstandings.

"As a proactive measure, Kim has returned all corporate card expenses, family salaries and the company vehicle," the agency said. It confirmed that the actor has paid extra personal income tax in addition to the corporate tax already paid and is currently in the process of dissolving the firm.

Kim has not received a formal notice of any additional tax assessment from authorities, the agency added.

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