“We have no accounting problems and our investment structure is fully legal.“This was the company’s response by the gold medal on September 19, since the company issued an official declaration that faced recent media reports that questioned their regulation procedures and corporate transparency.
At the beginning of the day, an average had stated that the gold medal, the management agency founded by the top actor Kim Soo Hyun and his brother Director Lee Ro-BE, paid only one ₩ 670 million settlement taxes total to his artists between 2020 and 2024 However, it was said that his personal settlement gains were only 270 million.
In its refutation, the gold medal explained: “As an unlisted company, we follow the generally accepted Korean accounting principles (K-Gaap). The actor’s distribution costs are classified according to the cost of sales, which means that there is no problem in terms of accounting”.
The agency also defended himself against the accusations that his great investor – Barun 2nd Investment Association – attacked an adequate address and a legal presence. “Investment associations are not structured to operate by the physical offices. The entity is legally recorded and has complied with all the legal requirements,“The company said.
Legal integrity was a recurring theme in their message. The gold medal has confirmed that it maintains legal consultations in progress with a law firm and that all companies management decisions undergo a legal revision. “There is no illegal activities in any part of our operations,” they underlined.
Founded in 2019, the gold medal represents not only Kim Soo Hyun, but also Seol in Ah actors, Kim Soo Gyeom, Choi Hyun Wook and Kim Seung Ho. Despite its relatively short story, the agency has rapidly renowned thanks to the stellar power of Kim Soo Hyun and a close -knit management approach.
Sources: Dispatch, Daum News
