The total amount of taxes and fines Fan Bingbing has been paid is almost three times what Forbes magazine estimated she earned last year.(Reuters)
(Beijing Comprehensive News) Chinese film and television superstar Fan Bingbing has been fined by the government for tax evasion.
Xinhua News Agency reported on Wednesday that the tax authorities required Fan Bingbing and the company he was the legal representative to pay back taxes and fines totaling about 884 million yuan (S$180 million).The 37-year-old actress said she was ashamed and guilty of tax evasion and apologized to the public.
The total amount of taxes and fines recovered is almost three times what Forbes magazine estimates Fan Bingbing earned in 2017.Given her popularity and influence in the domestic entertainment industry and the luxury goods industry, the punishment is likely to have huge repercussions.
Xinhua News Agency reported that Fan Bingbing's agent was taken compulsory measures for allegedly committing a crime and obstructing the investigation by the tax authorities according to the law.Xinhua also quoted the tax authorities as saying that if Fan Bingbing paid off the back taxes, late fees and fines before December 31 this year, she would not be held criminally responsible.The Chinese superstar issued a letter of apology via Weibo, promising to do his best to overcome all difficulties, raise funds, pay back taxes and pay fines.
The Fan Bingbing case also brought out the lack of local taxation departments. The State Administration of Taxation has held the former Wuxi Municipal Local Taxation Bureau, the former Wuxi Municipal Local Taxation Bureau Sixth Branch and other relevant responsible persons and relevant personnel accountable.Practitioners can be exempted from administrative penalties and fines if they conduct self-inspection and self-correction and pay taxes to the tax authorities before December 31 this year.The authorities will pursue legal responsibility for individual refusal to correct and serious tax evasion and individual cases according to different circumstances.
The Chinese government's move is a wake-up call for the booming entertainment industry.Analysts predict that within the next few years, China will surpass the United States to become the world's largest movie box office market.
Xinhua News Agency commented on the case in another article Xinhua Weiping: What does the Fan Bingbing case warn? Everyone is equal before the law, there is no lsquo; superstar rsquo;Luckily.
The article also pointed out that freezing three feet is not a one-day cold.For a long time, there have been many problems in the film and television industry in mainland China, such as sky-high salary, yin and yang contracts, tax evasion, etc., and the society has strongly responded to this.Literary and artistic workers cannot fall into the eyes of money, and literary and artistic works should put social benefits first.Showing the sword of the rule of law to chaos, reshaping a clean and positive showbiz, following public opinion and gathering people's hearts is also an inevitable requirement for the healthy development of the film and television industry.
Xia Kedao, a WeChat public account under the Overseas Edition of the People's Daily, published a comment, pointing out that the culprit of tax evasion by Chinese stars is the sky-high salary of big-name stars.According to the 2017 Chinese celebrity income list, the top 10 Chinese celebrities have a combined annual income of more than 2.2 billion yuan, and the total annual income of the 100 celebrities is as high as more than 7 billion yuan.The remuneration of film and television stars reaches more than two-thirds of the cost budget of movies, TV dramas, online dramas, and variety shows, which is already a common practice in my country's film and television industry.
Many TV stations and video sites are under the pressure of ratings and click-through rates, and they don't pay attention to scripts, productions, and audience positioning at all, and only care about whether there are big-name film and television stars in the lineup.The big names have also begun to directly affect the actual purchase prices of TV stations and video websites.All these sky-high prices and chaos reflect the unbalanced, inadequate and abnormal development of China's cultural and entertainment industry, leading to serious overcapacity problems.
In addition, hot money from the original energy, real estate and capital markets has rapidly poured into the film and television industry in recent years, which has enabled Chinese films to obtain unprecedented financial leverage in recent years, and it is indisputable that they have largely been reduced to financial derivatives.fact.Xia Kedao finally pointed out that industry chaos such as yin and yang contracts, sky-high remuneration, overcapacity, and financial speculation have fully demonstrated that the normal market adjustment mechanism has failed in China's film and television industry.
