Cha Eun-woo Dropped From Shinhan Bank Ads After ₩20 Billion Tax Allegations

Contributing sentiments towards policy:

57% : The Seoul Regional Tax Office's Investigation Division 4 reportedly conducted an intensive audit last year, focusing on earnings structures involving a one-person agency established by Cha's mother.
57% : " "Cha will continue to faithfully fulfill his tax filing and other legal obligations as a responsible citizen," the agency added.
48% : "No final decision or tax bill has been issued yet," said the agency in a press release on Thursday.
47% : Authorities allege this entity functioned primarily as a paper company, a business with no substantial services that let the star legally channel his income to benefit from lower corporate tax rates rather than the higher personal income tax bracket.
46% : Cha Eun-woo Dropped From Shinhan Bank Ads:South Korean artist Cha Eun-woo, known for his membership in the K-pop group ASTRO and his leading roles in the popular television series True Beauty, now faces a major advertising crisis after allegations of severe tax violations began spreading throughout both the entertainment industry and business sector.
40% : While Shinhan Bank has not issued a formal explanation, the timing has raised eyebrows, coming right after the tax controversy hit headlines.
40% : While Shinhan Bank has not issued a formal explanation, the timing has raised eyebrows, coming right after the tax controversy hit headlines.
22% : Allegations of Large-Scale Tax Evasion At the center of this upheaval are mounting allegations that Cha Eun-woo evaded more than 20 billion Korean won (roughly USD 13.6-13.7 million) in income tax, according to reports from Korean media and the National Tax Service's reassessment.

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