China fines movie star Fan Bingbing in high-profile tax evasion case

Entertainment

BEIJING (Reuters) – China’s taxation authorities fined A-list Chinese movie star Fan Bingbing more than 479 million yuan ($69.74 million) over tax evasion and ordered her to pay back more than 255 million yuan in taxes, state news agency Xinhua said on Wednesday.

FILE PHOTO: 71st Cannes Film Festival – Screening of the film “Ash Is Purest White” (Jiang hu er nv) in competition – Red Carpet Arrivals – Cannes, France, May 11, 2018. Fan Bingbing poses. REUTERS/Stephane Mahe/File Photo

Fan appeared in the “X-Men” and “Iron Man” film franchises with more than 62 million followers online in China. She dropped off the radar in June amid reports she was involved in an investigation into tax evasion in the film industry.

Her vanishing act sparked wild speculation in China about her fate, including reports she had been detained.

FILE PHOTO: 71st Cannes Film Festival – Photocall for the film “355” – Cannes, France May 10, 2018. Fan Bingbing poses on a pier. REUTERS/Eric Gaillard/File Photo

A Chinese TV anchor was widely reported in May to have posted tax-dodging pay agreements online known as “yin-yang” contracts – one setting out the real agreed payment terms and a second with a lower figure for the tax authorities – that appeared to implicate Fan.

Reuters was unable to contact Fan or her agent when inquiring about those reports.

The Jiangsu provincial tax bureau delivered its judgments to Fan on Sunday, Xinhua said. There was no immediate comment from Fan or a representative for the actor.

($1 = 6.8680 Chinese yuan renminbi)

Reporting by Yawen Chen and Martin Pollard; Editing by Paul Tait

Products You May Like

Articles You May Like

NFL roundup: Bears beat Rams, shake up playoff picture
Amber Rudd floats ‘Plan B’ before key vote on May’s Brexit deal
Brexit vote to go ahead despite report ministers seek delay
U.S. military air crash off Japan coast kills one Marine, five missing
U.N. envoy hopes Yemen factions agree on further talks early next year

Leave a Reply

Your email address will not be published. Required fields are marked *