YG Entertainment Responds To Reports Of Tax Audit

YG Entertainment has responded to a report that stated the agency will soon be receiving a special tax audit.

A source from YG Entertainment told News1 on March 18, “We have not received a notice about a special tax audit.”

Rumors had spread that YG Entertainment had recently received a notice from the Seoul Regional Tax Office that they will be receiving a special tax audit. This led to opinions being expressed in the stock community that investors should take caution. However, the agency denied the rumors.

Source (1)