Park Yoo-chun's team has announced plans to fully pay off his tax debts by the end of this year.
According to reports from Japanese media, including Sponichi Annex, Park's Japanese agency recently issued a statement confirming that all ongoing lawsuits in South Korea have been resolved. This indicates that the legal dispute with his former agency has come to a close.
Regarding the tax delinquency issue, the agency stated that Park has submitted a payment plan to the National Tax Service of South Korea and is currently fulfilling his payment obligations in accordance with an agreement with the authorities. They added that he plans to complete the full payment by the end of the year.
In 2023, Park was listed among high-profile and habitual tax delinquents by the National Tax Service, reportedly owing approximately 409 million won due to five tax cases, including capital gains tax from 2016.
He has also faced a lawsuit from his former agency, which claimed damages of about 500 million won for breach of contract. The agency's recent statement confirmed that all related legal disputes have now been settled.
In a message to fans via a communication platform, Park expressed, "I sincerely apologize for causing concern over the prolonged domestic legal and tax issues. I am reflecting on my past mistakes and striving to live my remaining time meaningfully." He also thanked fans for their patience and promised to repay their trust with positive actions in the future.
Park Yoo-chun debuted in the music industry in 2003 as a member of the group TVXQ and later became part of JYJ while expanding his career into acting. However, in 2019, he was sentenced to 10 months in prison, suspended for two years, for drug use.
* This article has been translated by AI.
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