China plans tax crackdown on richest entertainers, including online influencers

Source: Tech – South China Morning PostChina is set to conduct regular tax investigations into top entertainers including online influencers, promising serious punishment for offenders amid a deepening crackdown on the entertainment industry and lucrative culture of fandom.High-income celebrities who self-report offences by the end of the year, however, may receive reduced penalties or exemptions, the country’s taxation authorities said in announcing the plans for greater scrutiny.The planned inspections will be “double-random” –…Read More

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