Seo Tai-ji denies tax evasion allegation
11 Mar Singer Seo Tai-ji has denied the tax evasion allegations made recently by media outlets, HanCinema website reported.
On 8 March, it was reported that Seo Tai-ji has been undergoing this expansion project for his KRW 3 billion worth home property in Pyeongchang since 2010 and he has reported this home to be a multi-family property instead of his own personal property. He also reported the construction expenses to amount to only KRW 1 billion when it actually amounts to about KRW 1.9 billion.
However, sources from Seo Tai-ji's agency quickly came to his rescue. They stated, "Ever since the design stage of the residence, there were contemplations on whether it is a private, personal residence or a two-family residence. However, they reached a decision of making it a private, personal residence and this was reported on 5 December 2011 to the district office. This residence is being built for Seo Tai-ji and his parents so it was first investigated as a multi-family residence but it has been changed to a private residence."
Seo Tai-ji's agency stated, "There have been problems with the construction company. Even when they were fully compensated, they did not carry on with their work. They even asked for additional compensation, so we ended up halting the construction. This situation was not acceptable anymore so on 1 November 2011, we announced that we would terminate the contract with the construction company and on 26 December, we presented the courts with multiple legal documents."
Seo Tai-ji has faced many difficulties in the past, especially the divorce lawsuit with Lee Ji-ah and he is facing another one as of the moment. However, it has been revealed that he will defend himself with the means of the law and of the construction company.
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Seo Tai-ji denies tax evasion allegation