ID :
190355
Wed, 06/22/2011 - 12:13
Auther :
Shortlink :
https://www.oananews.org//node/190355
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Court dismisses star actor's request to annul income tax
SUWON, South Korea, June 22 (Yonhap) -- A South Korean local court dismissed popular entertainer Bae Yong-joon's request to cancel part of his hefty income tax Wednesday, citing his failure to declare his income properly.
The Suwon District Court rejected Bae's case, filed against a regional tax office head in order to annul about 2.1 billion won (US$2 million) out of a total 2.3 billion won in income tax imposed for his 2005 earnings from his entertainment career and property holdings.
Bae declared an annual net income of 6.9 billion won for 2005 after deducting 7.4 billion won as a necessary expenditure out of his total earnings of 23.8 billion won. But the court acknowledged only 240 million won as proven spending, levying a hefty income tax.
"It's hard to recognize the 7.4 billion won spending deduction as a necessary expenditure given his income and amount of expenditures," Judge Kim Gyeong-ran of the court said, adding that production firms and advertisers covered most costs declared as commercial and drama production spending.
The court noted Bae failed to prove his spending for the income tax imposition in which burden of proof falls on the income declarer.
Bae, who gained huge popularity across Asia for his role in the hit 2002 drama series "Winter Sonata," is ranked among the richest local entertainers for his position as the major shareholder of KeyEast Co., an entertainment company.
pbr@yna.co.kr
The Suwon District Court rejected Bae's case, filed against a regional tax office head in order to annul about 2.1 billion won (US$2 million) out of a total 2.3 billion won in income tax imposed for his 2005 earnings from his entertainment career and property holdings.
Bae declared an annual net income of 6.9 billion won for 2005 after deducting 7.4 billion won as a necessary expenditure out of his total earnings of 23.8 billion won. But the court acknowledged only 240 million won as proven spending, levying a hefty income tax.
"It's hard to recognize the 7.4 billion won spending deduction as a necessary expenditure given his income and amount of expenditures," Judge Kim Gyeong-ran of the court said, adding that production firms and advertisers covered most costs declared as commercial and drama production spending.
The court noted Bae failed to prove his spending for the income tax imposition in which burden of proof falls on the income declarer.
Bae, who gained huge popularity across Asia for his role in the hit 2002 drama series "Winter Sonata," is ranked among the richest local entertainers for his position as the major shareholder of KeyEast Co., an entertainment company.
pbr@yna.co.kr
