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🇰🇷 South Korea /Sports

Foreign Athletes in S. Korea Owe $6.8 Million in Unpaid Taxes

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified Context piece
  • Foreign professional athletes in South Korea, including those from the K League and KBO, owe approximately 9.4 billion won in unpaid taxes.
  • Samsung Lions and Jeonbuk Hyundai Motors are identified as the clubs with the highest tax arrears among teams whose foreign players have defaulted.
  • The report calls for fair play in tax obligations, mirroring the spirit seen on the sports field.

Foreign professional athletes playing in South Korea's major sports leagues have collectively evaded approximately 9.4 billion won (about $6.8 million USD) in taxes. This significant sum highlights a concerning trend of tax delinquency among international players who have featured in leagues such as the K League (football) and the KBO (baseball).

The report specifically points to Samsung Lions and Jeonbuk Hyundai Motors as the clubs associated with the highest amounts of unpaid taxes by their foreign players. This situation raises questions about financial responsibility and adherence to legal obligations within the professional sports community.

The article, part of a tax advice series, uses the term "tax thieves" to describe the situation, urging for a sense of fair play in tax matters, akin to the competitive spirit expected on the sports field. The implication is that just as athletes strive for fair competition during games, they should also uphold their civic duty by fulfilling their tax responsibilities.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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