On February 4, 2026, Fantagio, the management agency representing actor Kim Seon Ho, released an extensive official statement addressing recent allegations of tax evasion.
The controversy surfaced earlier in the week when media outlets reported that the actor was operating a family-run “one-person corporation,” suggesting that the entity may have been used as a vehicle for illicit tax practices.
In a proactive move to maintain the actor’s reputation and provide transparency, Fantagio has detailed the history of the corporation, its current status, and the steps taken to rectify any administrative misunderstandings.
The Origin and Purpose of the One-Person Corporation
According to the agency, Kim Seon Ho established a personal corporation in January 2024.
The primary intent behind this move was to manage his professional acting activities and support theater production, a field the actor has remained passionate about throughout his career.
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During the period between the corporation’s founding and the start of his exclusive contract with Fantagio in February 2025, payments for his various activities were processed through this entity.
The agency clarified that this was a standard administrative setup for an independent artist during a transitional phase in his career.
Corrective Measures and Voluntary Tax Compliance
A significant portion of the statement focused on the actor’s proactive efforts to ensure legal and ethical compliance.
Upon realizing that the continued operation of a personal corporation could lead to public misunderstandings or administrative errors, Kim Seon Ho voluntarily halted its operations over a year ago.
To address any potential issues regarding past management—which the actor admitted he was not fully aware of at the time—he took several preemptive steps:
- Return of Corporate Assets: Kim Seon Ho returned all records of corporate card usage, family salary payments, and the corporate vehicle.
- Additional Tax Payments: In addition to the corporate taxes already paid, he completed the additional payment of personal income tax for the amounts previously settled through the corporation.
- Corporate Dissolution: Administrative procedures are currently underway to officially close the corporation, a process expected to be finalized in the near future.
Fantagio’s Current Contractual Relationship
Fantagio emphasized that since Kim Seon Ho signed with them in February 2025, his financial management has been entirely separate from the personal corporation.
All settlement payments have been made directly to the actor as an individual.
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The agency stated unequivocally that the corporation has had no connection to his professional activities or contract under their management, reinforcing that his current financial dealings are beyond reproach.
The Actor’s Reflection and Apology
The statement concluded with a message of deep reflection from Kim Seon Ho himself. He expressed sincere regret for maintaining the corporation while lacking a thorough understanding of the complexities of corporate law and management.
The agency shared his apology to fans and the public for causing concern and confusion.
Fantagio also vowed to improve their artist management protocols to prevent similar misunderstandings in the future.
Despite the administrative hurdle, Kim Seon Ho remains a top-tier star, recently topping the buzzworthy actor rankings for his performance in the hit drama Can This Love Be Translated? alongside Go Youn Jung. This statement appears to be a definitive move to clear his name as he continues his successful career in 2026.
