China’s tax crackdown on the country’s once-booming live-streaming industry continued with another influencer being fined 6.5mil yuan (US$970,300) for tax payment irregularities.
Live-streamer Fan Sifeng was ordered to pay the back taxes, late fees and fines after he failed to report his full income to tax authorities, avoiding over 2.6mil yuan in taxes between July 2017 and December 2021, according to a statement released on Thursday by the tax authority of Xiamen, a city in southeastern Fujian province.
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