Moon Seung-wook, on Gift Tax Evasion Allegation: "Apologize for Mistake... Additional Tax Payment"

Moon Seung-wook, nominee for Minister of Trade, Industry and Energy, is delivering opening remarks at the confirmation hearing held at the National Assembly on the 4th. Photo by Yoon Dong-joo doso7@

[Sejong=Asia Economy Reporter Kwon Haeyoung] Moon Seung-wook, the nominee for Minister of Trade, Industry and Energy, explained on the 4th regarding the allegations of gift tax evasion, "I sincerely apologize to the public for the mistakes made," and stated that he has paid additional taxes.

At the parliamentary confirmation hearing that day, Moon said, "There was a lack of proper understanding about gift tax, which ultimately led to mistakes."

He added, "I recently thoroughly reviewed the parts where gift tax was not properly handled through a tax accountant," and "I have paid additional taxes on the portions corresponding to gifts according to tax law."

Earlier, it was confirmed that the deposit amounts of Moon's two children in their 20s had significantly increased compared to the declared income over the past five years, raising suspicions that gift tax evasion occurred through insurance premium payments and other means.

This content was produced with the assistance of AI translation services.