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China Actor Allen Deng Lun Fined $16.6 Million for Tax Evasion, Income Tax Rate at 45% for Above $150,000
19th March 2022 | Hong Kong
China actor Allen Deng Lun (Age 27) had been fined $16.6 Million (CNY 106 million) for tax evasion.Between 2019 to 2020, Allen Deng Lun had evaded $7.48 million in personal income tax and failed to pay $2.19 million in other taxes.According to Shanghai Municipal Tax Service of the State Taxation Administration:”Deng Lun was cooperative after the tax audit was filed and took the initiative to pay part of the tax.”Deng Lun is a popular Chinese actor, starring in the television series “Ashes Of Love” and “Meeting You”, and represent brands including Bvlgari, L’Oreal Paris, Ralph Lauren and Bally.Deng Lun had issued an apology on Chinese social media Weibo:”I accept all decisions of the tax authorities. I am willing to assume all responsibilities and consequences and continue to work hard as always. I am deeply sorry for taking up public resources during the pandemic.”The Chinese actor Deng Lun has one of the most Weibo followers in China with 40 million, but the account was shutdown after the tax evasion. China personal income tax rate starts from 3% to 45% for $150,000 & above (CNY 960,000).In 2018, China top actress actress Fan Bingbing was fined $131 million for tax evasion. In 2021, top china actress Zheng Shuang was fined $46 million for tax evasion andChina top internet celebrity Huang Wei, popularly known as Viya, has been fined $210 million for tax evasion.
“ China Actor Allen Deng Lun Fined $16.6 Million for Tax Evasion, Income Tax Rate at 45% for Above $150,000 “
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China Top Internet Celebrity Huang Wei Fined $210 Million for Tax Evasion
Huang Wei Viya
In 2021, China top internet celebrity Huang Wei, popularly known as Viya, has been fined $210 million for tax evasion by China Zhejiang Provincial Tax Service.Between 2019 to 2020, Huang Wei had filed her livestream sales commission instead as revenue from business partnership, concealed and failed to report income from other businesses.In total, Huang Wei had avoided paying $100 million of tax and underpaid $9.4 million of tax.In China, the penalty rate for tax evasion is 60% to 400% of the tax amount. Huang Wei social media accounts with over 110 million followers had also been shut down.
China Actress Zheng Shuang to Pay $46 Million for Tax Evasion
China Actress Zheng Shuang
In 2021, China Shanghai tax bureau has ordered top china actress Zheng Shuang to pay $46 million in fine for tax evasion (CNY 299 million).Between 2019 to 2020, China actress Zheng Shuang had under declared her income while filming TV series “A Chinese Ghost Story”. The whistleblower of the tax evasion and also under tax evasion investigation is producer Zhang Heng, who is Zheng Shuang’s broker of the “Yin and Yang” contract, where 1 contract is the original contract and the other contract reflects a lower contract value.Zhang Heng is also Zheng Shuang’s ex-boyfriend who had recently won custody of their 2 children, who were born through surrogacy in the United States.
China Actress Fan Bingbing Fined $131 million for Tax Evasion
In 2018, another China top actress actress Fan Bingbing was fined $131 million for tax evasion.
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