Caixin
Oct 09, 2018 06:16 PM
ECONOMY

Curtain Descends on Xinjiang Movie Tax Haven

A China-Kazakhstan border checkpoint is seen in Khorgas, the Xinjiang Uygur autonomous region. Photo: VCG
A China-Kazakhstan border checkpoint is seen in Khorgas, the Xinjiang Uygur autonomous region. Photo: VCG

Chinese film and TV production firms have rushed to deregister their corporate entities in the tax-haven northwest border town of Khorgas in the Xinjiang Uygur autonomous region.

Their actions follow a heavy fine that was handed down to Chinese A-list actress Fan Bingbing for tax evasion, and come as authorities step up scrutiny of tax practices in China’s entertainment industry.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.