C-ent has been abuzz for the last month over a brewing tax situation that has allegedly embroiled many of the top stars. The Chinese authorities are reportedly investigating the highest earning stars with Fan Bing Bing‘s named bandied about the most, for tax evasion stemming likely from not reporting all their earned income whether from film wages, CFs, or investments. On the heel of that report comes an additional hammer coming down with the tax authorities raising production taxes from 6.7% to 42% and as a result over 70 currently in production dramas and films have reportedly halted filming to scramble to pay the increased taxes. I’m not sure how C-ent will weather this latest tsunami but if banning time-travel could be overcome I’m sure the rich and powerful in the industry will find a way.
Others reportedly under intense scrutiny for tax evasion are Zhou Xun, Zhao Wei, Yang Mi, Zhao Li Ying, Angelababy, Huang Bo, Huang Xiaoming, Li Yi Feng, and director Feng Xiaogang.