Rain and Jang Geun Suk Embroiled in Tax Evasion Controversy

On July 14, ten celebrities including Rain and Jang Geun Suk were embroiled in a tax evasion controversy.

Jul 15, 2014 06:04 PM BST

TAGㆍRainㆍ Jang Geun Suk

On July 14, ten celebrities including Rain and Jang Geun Suk were embroiled in a tax evasion controversy. A media outlet reported that Rain and Jang Geun Suk, along with other celebrities, have been investigated for allegedly evading millions word of taxes, and for bringing profits from overseas into South Korea but hiding the money in bank accounts named under other people to avoid a fine for exchanging big sums of money.

However, Rain's agency, Cube DC, quickly dispelled rumors, saying they are completely false. A rep said, "We learned of this obviously false report and felt deep regret towards its content, which is completely unrelated to the truth.  We are on normal terms with the event planning company that oversaw the event casting in China and drew out a legal appearance contract; we then received full payment for the appearance through Cube DC's official bank account with a correct and transparent invoice as the foundation.

In addition, we completed all reports for other profits not only in China but also in all countries to the National Tax Service, and disclose that an occurring or incomplete tax report does not exist.  If the prosecutors or National Tax Service were to request documents from us, we will reveal everything transparently through a report."

As for Jang Geun Suk's camp, a representative of TreeJ Entertainment told Star News on July 14, "It is not true at all.  At the moment, there needs to be a clear fact check, so we will need to confirm the concrete details.  There was no tax evasion, at all."

TagㆍRainㆍ Jang Geun Suk