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K-star Yoo Yeon-seok hit with $6.4 million tax bill amid scrutiny over celebrity finances
The Straits Times
|March 20, 2025
Hot off the heels of hit romance drama When The Phone Rings (2024 to 2025), South Korean actor Yoo Yeon-seok has joined a list of celebrities facing hefty tax bills from the authorities.
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SEOUL -
The 40-year-old star, also known for starring in K-dramas such as the Hospital Playlist series (2020 to 2021), was recently slapped with an additional tax bill of about seven billion won (S$6.4 million), reportedly the largest imposed on a South Korean celebrity.
In response to mounting criticism and allegations of tax evasion, Yoo's agency, KingKong by Starship Entertainment, issued a statement on March 14. It said the tax assessment results from differences "in the way (Yoo's) tax representative and the tax authorities have interpreted and applied tax law".
It further noted: "This income tax assessment has not been finalised or officially notified, and we plan to actively clarify the points of contention regarding the interpretation and application of the law through the proper legal procedures."
This story is from the March 20, 2025 edition of The Straits Times.
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