China’s high-profile celebrities fined for tax evasion

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China’s high-profile celebrities fined for tax evasion
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Actress Yuan Bingyan was fined almost three million yuan (RM1.9mil) by tax authorities.

Actress Yuan Bingyan was fined almost three million yuan by tax authorities in Chongqing. Photo: Yuang Bingyan/Weibo

Suspecting tax fraud, local tax authorities reminded Yuan, who held a controlling interest in the company, of their doubts and urged her to rectify the situation. “The tax department will continue to strengthen tax supervision in the field of culture and entertainment, strictly investigate and punish tax-related violations in accordance with the law, constantly improve the tax law compliance of employees and enterprises in the field, and create a fair tax ,” it said.live-streamer Wu Chuan was forced to repay a total of 13.6 million yuan , the taxation administration said in a separate statement.

According to the statement, tax authorities in the Guangxi Zhuang Autonomous Region, where Wu is based, initially reached out to the host and asked him to fix his mistakes. However, Wu refused to cooperate, triggering a full inspection. In a high-profile case in 2018, Fan Bingbing, a top actress with 63 million followers on microblogging platform Sina Weibo, was fined a mammoth 800 million yuan for dodging up to 255 million yuan in personal and corporate taxes.

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