Yoo Jae-suk was recently cleared of tax evasion charges in a tax audit by the National Tax Service, and his faithful tax payments were acknowledged despite the purchase of hundreds of billions of won worth of real estate.
He has amassed a large fortune through consistent broadcasting activities and advertising revenue, and has also expanded his business scope through the acquisition of Antenna shares.
He is expected to continue his broadcasting activities and fulfill his social responsibilities, maintaining public trust in the future.
National MC Yoo Jae-suk (52) recently underwent an intensive tax audit by the National Tax Service, but was found to have no tax evasion charges. The Gangnam Tax Office under the Seoul Regional Tax Office conducted a tax audit of Yoo Jae-suk from June to July, but found no problems related to tax reporting errors or tax evasion.
This tax audit was a regular tax audit targeting high-income earners, including entertainers, but in Yoo Jae-suk's case, his high income and the recently purchased building worth hundreds of billions of won were the main items under investigation. Yoo Jae-suk purchased a large plot of land and building in Nonhyeon-dong, Gangnam-gu, Seoul for about 200 billion won last year, and this was the main background for the investigation.
Yoo Jae-suk / Source: Antenna Music Entertainment
Yoo Jae-suk, Background of Purchasing a Large Amount of Assets in Cash
At the end of last year, Yoo Jae-suk purchased 90.3 pyeong of land in Nonhyeon-dong, Gangnam-gu, Seoul for 116 billion won and an 83.2 pyeong building right next to it for 82 billion won. According to the Supreme Court land registration records, it was confirmed that these real estate properties were traded entirely in cash without any mortgage settings, which drew much attention.
In addition, it was revealed that Yoo Jae-suk purchased Brighton N40, a high-priced apartment in Nonhyeon-dong, Gangnam-gu, Seoul, for 86.657 billion won in cash in May. The background for Yoo Jae-suk's ability to purchase such a large amount of assets in cash was his consistent broadcasting activities and high advertising revenue over the years.
Furthermore, in June last year, Yoo Jae-suk acquired 2,699 shares (20.7% stake) of his agency Antenna for 3 billion won, becoming the third-largest shareholder.
Summary is as follows.
Land in Nonhyeon-dong, Gangnam-gu (90.3 pyeong): 116 billion won
Land in Nonhyeon-dong, Gangnam-gu (83.2 pyeong): 82 billion won
Brighton N40 Apartment in Nonhyeon-dong, Gangnam-gu: 86.657 billion won
Antenna shares (20.7% stake): 3 billion won
No Charges Despite Thorough Tax Audit, Exemplary Social Responsibility
In addition to Yoo Jae-suk's real estate purchases, this tax audit included a detailed investigation into various tax items, including high appearance fees and expense processing. Nevertheless, the National Tax Service found no issues with Yoo Jae-suk's tax reporting. This is an example that shows Yoo Jae-suk has diligently fulfilled his tax reporting obligations and responsibilities as a public figure.
Yoo Jae-suk, The Secret to Unwavering National Love
Yoo Jae-suk has consistently been loved by many through various entertainment programs, providing laughter and inspiration for a long time. He is currently actively working on various programs, including , , and , maintaining his popularity across all generations.
Furthermore, Yoo Jae-suk continues to communicate with fans through his YouTube channel, <Ddeunddeun>. Yoo Jae-suk's activities extend beyond broadcasting and are carried out on various platforms, which can be seen as a result of his continuous efforts and diligent attitude.
Expectations for Yoo Jae-suk's Future Endeavors
Yoo Jae-suk is regarded as a role model not only as a broadcaster but also as a socially responsible individual. He contributes to society by returning his high income, consistently helping those in need through donations and volunteer work. Through the no-charge conclusion of this tax audit, Yoo Jae-suk has cleared the doubts surrounding him and has solidified his position as a more trusted individual.
Furthermore, Yoo Jae-suk has recently been chosen as the main MC for KBS's new entertainment program, <Synchro U> and is preparing for another challenge. There will be a lot of anticipation and support for Yoo Jae-suk's sincere endeavors in the future.