Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Opposition chief acquitted of instigating perjury
-
10
Job creation lowest on record among under-30s
The National Tax Service has launched another probe into CJ Entertainment & Media, seven months after it conducted a regular audit of the company.
Tax investigators on Thursday raided the company headquarters in Sangam-dong, western Seoul, and confiscated computer hard disks, documents and account books, officials said.
The company underwent a regular tax probe in February and CJ Group did in June.
The unexpected probe aroused speculation that the tax agency might have found new evidence to support the alleged wrongdoings of CJ Group chairman Lee Jay-hyun.
Further speculation circulated in the news media that the company might have evaded taxes during the acquisition of cable TV program provider On Media in 2010.
Lee was arrested last month on charges of tax evasion of about 54.6 billion won ($50.9 million) by using borrowed-name accounts, but was temporarily released to have a kidney transplant.
Lee’s older sister and CJ E&M chairwoman Lee Mi-kyung has led the listed entertainment content corporation since 2011. The company engages in six pop culture sectors, including filmmaking, music, media and gaming.
By Chung Joo-won (joowonc@heraldcorp.com)
Tax investigators on Thursday raided the company headquarters in Sangam-dong, western Seoul, and confiscated computer hard disks, documents and account books, officials said.
The company underwent a regular tax probe in February and CJ Group did in June.
The unexpected probe aroused speculation that the tax agency might have found new evidence to support the alleged wrongdoings of CJ Group chairman Lee Jay-hyun.
Further speculation circulated in the news media that the company might have evaded taxes during the acquisition of cable TV program provider On Media in 2010.
Lee was arrested last month on charges of tax evasion of about 54.6 billion won ($50.9 million) by using borrowed-name accounts, but was temporarily released to have a kidney transplant.
Lee’s older sister and CJ E&M chairwoman Lee Mi-kyung has led the listed entertainment content corporation since 2011. The company engages in six pop culture sectors, including filmmaking, music, media and gaming.
By Chung Joo-won (joowonc@heraldcorp.com)
