Chinese actress Fan Bingbing to pay huge tax evasion fine

Oct 04, 2018, 07:18 IST | Agencies

Fan was ordered to pay taxes and fines worth hundreds of millions of Yuan over tax evasion, state-run Xinhua news agency reported on Wednesday

Chinese actress Fan Bingbing to pay huge tax evasion fine
Chinese actress Fan Bingbing. Pic/AFP

China's highest-earning actress Fan Bingbing, who disappeared from public view three months ago, has been released from secret detention and ordered to pay $130 million for tax evasion, according to media reports on Wednesday.

Fan Bingbing, 37, disappeared from the public eye in June after allegations emerged that she had evaded taxes on a lucrative movie shoot. Fan was ordered to pay taxes and fines worth hundreds of millions of Yuan over tax evasion, state-run Xinhua news agency reported on Wednesday.

While Xinhua has not made any reference to her detention, Hong Kong based South China Morning Post quoted sources as saying that she was released from 'residential surveillance at a designated location,' a form of secret detention about two weeks ago after completion of investigations into her tax evasion. She was ordered to pay nearly 892 million Yuan (About USD 130 million) for tax evasion and other offences failing which her case will be referred to police.

892m
Amount (in Yuan) Fan will have to pay as fine for evading taxes

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