Overview
- South Korea’s tax agency notified Cha Eun-woo of additional income tax exceeding 20 billion won tied to a company registered in his mother’s name that investigators characterize as a paper entity.
- Cha issued a personal apology, pledged full cooperation with procedures, and said he will accept the authorities’ final decision.
- Fantagio disputes the allegations, arguing the corporation in question is a substantive taxable entity and noting the case has not been finalized.
- Several brands, including Shinhan Bank and skincare label Abib, have concealed or removed his promotional content following the reports.
- Legal outcomes hinge on whether authorities deem the structure criminal tax evasion or civil tax avoidance, with observers noting the assessment ranks among the largest involving a Korean entertainer.