A-List Actress Guilty of Tax Evasion, Ordered to Pay Millions
Leading Chinese actress Fan Bingbing has been ordered to pay hundreds of millions of yuan in fines and taxes over tax evasion, following an investigation by taxation authorities, the official Xinhua news agency reported on Wednesday.
Fan, a household name in China, was personally ordered to pay around 479 million yuan ($70 million), and the companies she controls another 404 million yuan, according to the Xinhua report (link in Chinese). The actress would not face criminal charges if she pays the fines before a deadline, as she was not involved in any similar cases before, the report said, citing Chinese laws.
After the Xinhua report came out Fan apologized immediately in a statement on her official microblog. (link in Chinese) “I have been on a thorough self-reflection after going through unprecedented agony and pain recently,” she wrote in Chinese. “I am ashamed and regret what I’ve done and I sincerely apologize to all,” she told her 63 million followers on the Twitter-like site Weibo. She added that she would comply fully with the tax authority’s order.
The government launched the investigation in June, when authorities received related complaints from citizens that Fan was using “yin-yang contracts” to hide some of her income from tax authorities, Xinhua said.
Fan paid taxes on only one-third of the 30 million yuan she got from appearing in “Unbreakable Spirit,” a Chinese action war-drama, which is set for release later this month. She evaded taxes for the remaining 20 million yuan she earned from the film, the investigation found.
Fan’s agent, whose surname is Mou, is being held on suspicion of criminal activities. Mou is accused of obstructing the tax authority’s probe in the case, including destroying evidence, according to Xinhua.
Contact reporter Mo Yelin (firstname.lastname@example.org)
Apr 25 20:08
Apr 25 20:16
Apr 25 19:11
Apr 25 16:55
Apr 25 16:02
Apr 25 15:11
Apr 25 12:12
Apr 25 11:51
Apr 25 03:37
Apr 25 03:45
Apr 24 19:26
- 1‘Avengers: Endgame’ Has Made 400 Million Yuan in China – And It’s Not Even Out Yet
- 2Chinese Company Found Guilty of Making Jaguar Land Rover Copycat Is Appealing
- 3China Shifting Focus From Further Economic Support to Structural Reforms, Analysts Say
- 4Police Travel 1,000 Miles to Detain Man Who Mocked His Hometown on WeChat Two Years Earlier
- 5Poor Planning Poses Threat to Some Belt and Road Port Projects, Report Finds
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas