Actor Lee Min-ki Addresses Tax Audit Findings

South Korean actor Lee Min-ki has officially responded to reports regarding a recent tax audit that resulted in the payment of additional taxes. The actor’s agency, Sangyoung Entertainment, issued a statement on May 20, 2026, to clarify the circumstances surrounding the audit and to address allegations of tax evasion.

Agency Clarification on Tax Audit

According to the agency, the tax audit was conducted in relation to the actor’s one-person corporation. Following the investigation, it was determined that additional taxes were owed, which have since been paid in full. Sangyoung Entertainment emphasized that Lee Min-ki has consistently adhered to tax laws throughout his career and cooperated transparently by providing all necessary documentation during the audit process.

The agency explicitly denied any intentional wrongdoing. In their statement, they explained that the discrepancy arose from a difference in interpretation between the tax authorities and the agency regarding the criteria for expense processing within the operation of the corporation.

“We clearly state that there was no intentional income concealment or fraudulent tax evasion,” the agency noted, adding that they respect the findings of the National Tax Service.

Commitment to Future Compliance

In the wake of the audit, Lee Min-ki’s representatives expressed regret for causing concern among the public. The agency stated that the actor has respected the results of the National Tax Service’s investigation and has settled the required additional tax payments without delay.

Moving forward, the agency has pledged to implement more rigorous oversight of their tax and accounting management systems to prevent any similar issues from occurring. They reiterated their commitment to following legal principles and fulfilling all tax obligations faithfully.

Key Takeaways

• Audit Outcome: Lee Min-ki underwent a tax audit concerning his one-person corporation, resulting in a tax adjustment that has been fully paid.
• Nature of Discrepancy: The agency attributes the audit findings to a difference in the interpretation of expense processing standards rather than intentional evasion.
• Agency Response: Sangyoung Entertainment has apologized for the concern caused and is strengthening internal accounting procedures to ensure future compliance.

This situation highlights the complexities often faced by entertainers managing corporate entities and the importance of maintaining precise accounting standards. By addressing the matter directly and settling the dues promptly, the actor’s team aims to resolve the concerns surrounding the recent tax investigation.