[Article] Channel A Reports BIGBANG’s Daesung Owes Additional Taxes On His Building
Channel A Reports BIGBANG’s Daesung Owes Additional Taxes On His Building
Nov 20, 2019
byS. Park
On November 20, Channel A reported updates on a building owned by BIGBANG’s Daesung.
According to the network, taxation authorities reportedly told Daesung he will have to pay 1.2 billion won (approximately $1 million) in taxes for his building operating illegal adult entertainment businesses without a permit. He also reportedly borrowed over 5.2 billion won (approximately $4.4 million) from a loan company while using his building as collateral.
This is an update to Channel A’s July exclusive report on the operation of illegal adult entertainment businesses inside Daesung’s building. After this story was reported on, a police task force began investigations and taxation authorities ordered Daesung to pay an additional local tax of 1.2 billion won. Because the acquisition and property taxes that Daesung paid after purchasing the building were under the basis that these businesses were ordinary restaurants and not entertainment establishments, Daesung was ordered to pay additional tax payments.
Adult entertainment establishments were reportedly being run on five floors in the building. As a result, Daesung was fined the maximum property tax of 1 billion won (approximately $854,876) which is 16 times the general tax rate and a maximum acquisition tax of 2 billion won (approximately $1.7 million) which is four times the general tax rate.
Daesung previously released a statement saying he had no knowledge of these illegal businesses, and the taxation authority stated that the imposition of additional taxes is not related to this. All of the entertainment businesses have closed down and are under construction for remodeling, and the Seoul Regional Tax Office is conducting a separate investigation for suspicion of consumption tax evasion.
Channel A also reported that Daesung has borrowed 5.2 billion won from a loan company while using his building as collateral. In 2017, Daesung purchased the building at the price of 31 billion won (approximately $26.5 million) and received a loan from the bank. The building was on the market for 40 billion won (approximately $34 million), but the term for his loan ended before the building was sold. The loan seems to have been taken out in order to repay the loan from the bank.
The police plans to summon Daesung, who was discharged from the military in October, to investigate if he aided and abetted while knowing about the illegal adult entertainment businesses.
[Social Media] fakesickness Instagram and Stories Update with and of G-Dragon 2019-11-20
#ICYMI (Social Media) BIGBANG Daily Instagram Summary 2019-11-20 #권지용 #태양 #탑 #최승현
[Social Media] G-Dragon 2019-11-20 00:43:41 (KST)
? https://www.instagram.com/p/B5DW6tGneJ5/
#권지용 #지용 #GDragon
[Social Media] G-Dragon 2019-11-20 00:46:15 (KST)
? https://www.instagram.com/p/B5DXNcjHvx6/
@para_noise
#권지용 #지용 #GDragon
[Social Media] peaceminusonedotcom 2019-11-20 00:46:17 (KST)
? https://www.instagram.com/p/B5DXNxDgfDV/
@para_noise
#권지용 #PMO #GDragon
(Social Media) ? T.O.P Instagram 2019-11-20 11:28:08 (KST)
? https://www.instagram.com/p/B5EgquPhmAX/
#TOPstagram #탑 #최승현 #BIGBANG #빅뱅
[Social Media] ? T.O.P Instagram Story 2019-11-20 12:11:04 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
[Social Media] ? T.O.P Instagram Story 2019-11-20 12:12:00 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
(Social Media) T.O.P Instagram Story 2019-11-20 12:15:01 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
(Social Media) T.O.P Instagram Story 2019-11-20 12:21:18 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
[Social Media] ? T.O.P Instagram Story 2019-11-20 12:29:34 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
[Social Media] ? T.O.P Instagram Story 2019-11-20 12:58:32 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
[Social Media] ? T.O.P Instagram Story 2019-11-20 13:24:14 (KST)
#TOPstagram #TOPstaStory #탑 #최승현
(Social Media) ? T.O.P Instagram 2019-11-20 15:07:49 (KST)
? https://www.instagram.com/p/B5E5zwZBjB8/
#TOPstagram #탑 #최승현 #BIGBANG #빅뱅
(Social Media) BIGBANG Instagram and Instagram Story Daily Summary 2019-11-20 #권지용 #태양 #탑 #최승현
Also check out the individual Instagram Posts at: BIGBANG 빅뱅 Instagram
[Social Media] jioninsta Instagram with G-Dragon 2019-11-20
[Social Media] youngsooleeoliver Instagram Stories with T.O.P 2019-11-20
[Article] G-Dragon’s PEACEMINUSONE Shows off Bedazzled Nike Air Force 1 “Para-Noise”
Covered in shimmering silver crystals. https://t.co/yP9CWt3uiN
— HYPEBEAST (@HYPEBEAST) November 19, 2019
With the release of its Nike Air Force 1 “Para-Noise” set to go down this weekend, K-Pop superstar G-Dragon‘s PEACEMINUSONE has unveiled yet another collaborative AF1, one that features a completely-bedazzled upper. Just like the BIGBANG frontman himself, the design is loud, bold and impossible to ignore.
Although only a single image has been made available so far, it shows the entirety of the shoe’s top half covered in shimmering crystals — potentially provided by Swarovski, who’s also worked with Nike on Air Max 97s and Vapormax Flyknit 2.0s in years past. Swooshes are noticeably absent on both the lateral and medial sides, while a glistening daisy graphic appears on the black leather tongue and a large metallic silver heel clip is clamped onto the right shoe’s thick black flat laces. The sockliner and midsole are the only things that are simple here, as both are dressed in a crisp white.
It’s yet to be determined if these pop-star worthy kicks are a special bespoke edition created for G-Dragon himself, a limited friends-and-family release like the limited-to-88 yellow Swoosh-equipped iterations, or a design that’ll see a full retail release. Check out PEACEMINUSONE’s post above, and stay tuned for further information as it’s made available.
Source. Hypebeast
