The Korean Government suspects SM Entertainment in tax evasion , which constitute more than 10 million U.S. dollars, based on that fall under SM Entertainment check national tax service. It is reported that the test carried out about 30 members of the National Tax Service , and the confiscated documents and other records that may indicate tax evasion . Media reported that the National Tax Service agency did not warn that going to be checked , so that the agency had no time for the destruction of evidence , generally accepted announce test 10 days before her, but there was an exception. It is also reported that SM Entertainment set up an offshore company in Hong Kong , then hid income from foreign concerts , hiding behind the names of famous artists . SM Entertainment refute these accusations , saying that the accusations are unfounded SM Entertainment rumors as SM Entertainment held annually , annual inspections , starting in 2009 . National Tax Service reported that this tax investigation can be extended , then it may include other well-known entertainment company in Korea.
Posted on: Thu, 20 Mar 2014 08:47:17 +0000
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