China tells celebrity live streamer to rectify tax-related crimes by 2022

File Photo: A livestreaming session by Chinese livestreamers Li Jiaqi and Viya (real name Huang Wei) was taken on December 14, 2021 in this illustrated photo of Alibaba’s e-commerce app on mobile phones. Seen in Taobao. , 2021. REUTERS / Florence Lo / Illustration / File Photo

December 22, 2021

(Reuters) – China’s local authorities will be celebrities and live streamers by 2022, shortly after China’s “livestreaming queen” Viya was fined 1.34 billion yuan ($ 210 million) for tax evasion. I ordered you to report a tax-related crime.

Viya (real name Huang Wei), a top e-commerce streamer, was fined Monday by the tax office in Hangzhou, a city in southern China, for concealing personal income and other crimes in 2019 and 2020. ..

On Wednesday, China’s most economically prosperous city and local tax authorities will conduct a self-review of tax-related misconduct with celebrities and live streamers, fix these issues and report to the relevant tax authorities. I posted the same notification on the website so that I can.

“By the end of 2021, please correct any tax-related issues and proactively report to the Tax Department, which will ease, ease or exempt tax penalties according to the requirements of the notification,” the notice said. I am.

“If self-inspection and self-correction are still rejected or not thoroughly enforced, the Tax Department will take it seriously in accordance with legislation.”

Celebrities and live streamers are the latest, initially involved in widespread crackdowns on technology monopolies, but have since hampered the latest goals of reducing private education, social media platforms, and economic inequality. Expanded to include other industries that Beijing considered to bring and achieve “common prosperity”.

Prior to the crackdown, tax evasion had already sunk the careers of some well-known figures in the entertainment industry. However, Wednesday’s notice highlights the broad and systematic nature of the crackdown on “common prosperity.”

President Xi Jinping urged China to achieve a “common prosperity” with the aim of narrowing the yawning wealth gap that threatens China’s economic rise and the legitimacy of Communist rule.

The tax authorities that issued the warning include those in Beijing, Shanghai, Guangdong, Zhejiang and Jiangsu. Overall, these cities and regions account for more than half of China’s GDP and accept the majority of high-income celebrities and live streamers in the country.

In September, the State Taxation Administration of the Central Government issued a notice announcing measures to strengthen the tax administration of the entertainment sector, including live streamers.

Similar promises of lighter penalties and tax exemptions for those who reported and corrected tax-related misconduct were also made in the September notice. Since then, more than 1,000 people have taken the lead in paying late fees, according to state media.

(Report by Eduardo Baptista, edited by Michael Perry)

China tells celebrity live streamer to rectify tax-related crimes by 2022

Source link China tells celebrity live streamer to rectify tax-related crimes by 2022

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