Fan Sifeng was ordered to pay nearly US$1mil in back taxes, late fees and fines after failing to report his full income. Fan follows other high profile streaming hosts including Viya and Zhu Chenhui, who have disappeared online following tax controversies. — SCMP
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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