As per Chosun Recently Reported, Fantagio, the agency representing actor Kim Seon-ho, has issued a clear statement rejecting tax evasion allegations and confirmed that a sole-proprietor corporation associated with the actor is in the process of being closed. The response follows recent reports suggesting that Kim may have used the corporation in question to reduce his tax burden through income dispersion — allegations that drew comparisons to the ongoing tax review involving agency mate Cha Eun-woo.
Actor “Kim Seon ho” – OSEN
In its official statement on February 1, Fantagio emphasized that there is “no issue whatsoever” related to Kim Seon-ho’s contract or tax compliance. According to the agency, the corporation — established in January 2024 — was created for the primary purpose of theater production and related activities, not for tax avoidance. Fantagio further stated that the company had not been engaged in actual business operations for more than a year and is currently being dissolved in accordance with relevant legal procedures.
Official Statement of Fantagio, Involving Actor Kim Seon ho
“Hello. This is Fantagio, the agency of actor Kim Seon-ho.
We are releasing an official statement regarding the reports about Kim Seon-ho’s operation of a single-person corporation.
Currently, Kim Seon-ho is under an exclusive contract with Fantagio under his personal name and is actively complying with all legal and tax procedures related to his current contractual relationship and activities.
We clearly state that there are no issues whatsoever regarding Kim Seon-ho’s contract and activities with Fantagio.
The past single-person corporation mentioned in the reports was established for theater production and related activities, and was absolutely not created with the intent of intentional tax avoidance or evasion. However, since transferring to Fantagio, actual business activities have not taken place for over a year, and the corporation is currently undergoing closure procedures in accordance with relevant laws and regulations.
We will continue to comply with all relevant laws and procedures in all our activities and do our best to ensure the actor’s work proceeds without unnecessary misunderstandings.
The report that sparked the controversy detailed how the corporation listed Kim’s parents as internal executives and suggested that family-related payments and the use of a corporate card for personal expenses could have been structured in a way that reduced taxable income. Those claims were framed alongside similar patterns seen in other high-profile investigations, prompting public interest in the case.
South Korean Actor “Kim Seon ho” – OSEN
Fantagio’s rebuttal stressed its commitment to strict adherence to legal and tax regulations. “Kim Seon-ho and Fantagio have compliedfaithfully with all legal and tax procedures,” the agency said, noting that the corporation was not established with any intention of tax evasion. It also reaffirmed that the company and the actor are cooperating fully with ongoing verification processes.
The agency’s response arrives as the entertainment industry and general public watch closely, given broader conversations about tax compliance among high-profile entertainers. Although authorities have not confirmed any official findings, the dissolution of Kim’s corporation and Fantagio’s statements aim to address concerns and clarify the actor’s legal standing amid heightened scrutiny.
