Ji Chang Wook Admits to Millions in Back Taxes, Past Remarks About Becoming Trillionaire Resurface

ji chang wook tax
ji chang wook tax
Credit: YouTube Channel DdeunDdeun

Ji Chang Wook has responded to reports about being assessed billions of won in back taxes, drawing renewed attention to his past comments on the web variety show Pinggyego.

The YouTube channel DdeunDdeun released an episode of Pinggyego on May 16th featuring Jun Ji Hyun, Koo Kyo Hwan and Ji Chang Wook, who were promoting their film Colony.

During a conversation about stocks, Ji Chang Wook shared that he is interested in U.S. investments. He joked, “Isn’t the chance of me going bankrupt higher than the company I invest in going bankrupt? Rather than trusting myself with money, it feels safer to trust a smart CEO.”

He also talked about how he often daydreams when he can’t sleep. “I imagine becoming rich,” he said. When Yu Jae Seok and Nam Chang Hee asked how rich he imagined, Ji replied, “Trillions.”

When Jun Ji Hyun asked what he would do with that kind of wealth, he said, “I would build a village.” Yu Jae Seok jokingly added that he was basically imagining buying land to create a place for friends to live together.

Meanwhile, Ji Chang Wook’s agency addressed recent tax-related reports on June 2nd involving large back tax assessments. His agency, Spring Company, confirmed the tax review but denied any wrongdoing.

“There was no intentional tax evasion or underreporting of income,” the agency said, explaining that the issue came from differences in how tax rules were interpreted.

They added that the matter involved whether income from his entertainment work should be taxed to Ji Chang Wook personally or through his company. The agency said they have followed all legal procedures since his debut in 2008 and will pay the assessed amount according to the proper process.

>> Ji Chang Wook Faces Multi-Million Tax Bill After Intense Audit

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