Serious Super Chio ATB Fan BingBing Made Disappeared by Communist Party

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Fan Bingbing is China’s highest-earning actress. Photo: AP
POLITICS
Chinese actress Fan Bingbing fined US$70 million for tax offences
Film star, who disappeared from public view three months ago, escapes criminal prosecution
Nectar GanNectar Gan
UPDATED : Wednesday, 3 Oct 2018, 10:56AM

13
China’s highest-earning actress Fan Bingbing has been fined nearly 500 million yuan (US$70 million) for tax evasion and other irregularities but will escape criminal prosecution, the country’s tax authorities announced on Wednesday, over three months after the star disappeared from public view.

State news agency Xinhua reported that she had avoided about 300 million yuan in taxes.

Fan’s agent has been detained by the police for further investigation, it added.


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She is lucky. From my ATB sources, she negotiated a non jail penalty and thus, the case was not sent to PSB prosecution on condition that she remains out of sight and no media coverage during the negotiations. The few months of painful negotiations has paid off for her. Her marriage with 李晨 wiill surely be impacted. And also, it's unlikely that she will have a place in China entertainment industry anymore.

Meanwhile, lots of rich with yinyang contracts are scrambling to move their monies out of China. Expect more property purchases in safe haven Singapore irregardless of whatever cooling measures and foreign ABSD PAP can implement. Lol :D
 
FBB is a fallen Star.
She Should be quietly move her money out in the 1st place. Don't go kenna make so many enemy out there. Retire and out out of sight
 
AhMeng said:
She is lucky. From my ATB sources, she negotiated a non jail penalty and thus, the case was not sent to PSB prosecution on condition that she remains out of sight and no media coverage during the negotiations. The few months of painful negotiations has paid off for her. Her marriage with 李晨 wiill surely be impacted. And also, it's unlikely that she will have a place in China entertainment industry anymore.

Meanwhile, lots of rich with yinyang contracts are scrambling to move their monies out of China. Expect more property purchases in safe haven Singapore irregardless of whatever cooling measures and foreign ABSD PAP can implement. Lol :biggrin:
Click to expand...
Will she move to JB ? JB will be the perfect place where she can air her mistreatment by the CCCP during detention without any repercussions. I mean as long as nobody sues her, then she must be telling the truth.
 
congo9 said:
FBB is a fallen Star.
She Should be quietly move her money out in the 1st place. Don't go kenna make so many enemy out there. Retire and out out of sight
Click to expand...
That's why it's important to know when to stop, when to tell oneself it's enough, when to walk away, when not to cross the greed line and most importantly, know that the foundation of happiness is not wealth. Wealth is nothing more than the decor which will depreciate :D
 
AhMeng said:
That's why it's important to know when to stop, when to tell oneself it's enough, when to walk away, when not to cross the greed line and most importantly, know that the foundation of happiness is not wealth. Wealth is nothing more than the decor which will depreciate :biggrin:
Click to expand...
Wealth may not be the foundation of happiness but poverty is the mother of all misery.
 
Bonut said:
Wealth may not be the foundation of happiness but poverty is the mother of all misery.
Click to expand...
Yep. But I guess most people don't realise what's enuff until it's too late, like FBB, driven by greed...
 
AhMeng said:
That's why it's important to know when to stop, when to tell oneself it's enough, when to walk away, when not to cross the greed line and most importantly, know that the foundation of happiness is not wealth. Wealth is nothing more than the decor which will depreciate :biggrin:
Click to expand...

Greed is the engine of capitalism. Without greed, the world will be too peaceful ...it will be like the Scandinavian countries.
 
winnipegjets said:
Greed is the engine of capitalism. Without greed, the world will be too peaceful ...it will be like the Scandinavian countries.
Click to expand...
When a greedy person satisfies her greed via unlawful means, she is beholden to the people who cajoled and facilitated her unlawful exploitation. She alone cannot decide when to stop.
 
Paid penalty fine escape jail term, wu hua leh since she got tons of money. 120mil maybe just her piggy bank money.
Whether she wants migrate or not depends on prc to approve her application.
Like alibaba man kana house in prc for life, go overseas need accompany by govt official. Cannot migrate
Next in line rumours is Angelababy and huang xiao ming
But bing bing chio good figure papaya i like:biggrin:
If this bing bing falls another bing bing is clean, she will be happy as she will be the only bing bing the industry know
Many riches now hoping the jiang clan can gain power back to oppose Xi
:biggrin:
宫廷斗争
 
no_faith said:
Paid penalty fine escape jail term, wu hua leh since she got tons of money. 120mil maybe just her piggy bank money.
Whether she wants migrate or not depends on prc to approve her application.
Like alibaba man kana house in prc for life, go overseas need accompany by govt official. Cannot migrate
Next in line rumours is Angelababy and huang xiao ming
But bing bing chio good figure papaya i like:biggrin:
If this bing bing falls another bing bing is clean, she will be happy as she will be the only bing bing the industry know
Many riches now hoping the jiang clan can gain power back to oppose Xi
:biggrin:
宫廷斗争
Click to expand...
I have mentioned b4. The tax evasion is too simple an excuse. The CCP is going after her for something else. Highly likely she spoke out against CCP policies or she is against Xi...
 
for her part all she has to pay the prc tax collector is us$69m. she's on a liquidation and fund raising move right now to raise the amount. the remainder is owed by producers. may have to marry a billionaire to live out the rest of her life.
 
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China punishes officials in Fan Bingbing tax evasion case




AsiaChina punishes officials in Fan Bingbing tax evasion case
image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Last week, Chinese tax authorities ordered Fan to pay 883 million yuan ($129 million) in back taxes, fines and penalties AFP/Anne-Christine POUJOULAT
08 Oct 2018 07:53PM(Updated: 08 Oct 2018 10:06PM)
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BEIJING: Officials at the Wuxi tax bureau have been punished for "poor management" in relation to Chinese superstar Fan Bingbing's tax evasion case, Chinese state media reported on Monday (Oct 8).
At least five people have been disciplined, including the head of the taxation bureau in the city of Wuxi, where Fan's company is based, Xinhua news agency reported.

The State Administration of Taxation has instructed the provincial tax bureau in Jiangsu province to "hold accountable" those involved in Fan's case for poor management, Xinhua said, before going on to list a number of individuals who have been issued with official and verbal warnings about their shortcomings.
According to Xinhua, China has also launched a campaign to regulate tax payment in the film and TV industry, as well as to target violations and dereliction of duty of tax officials.
Fan was accused in May of receiving under-the-table payments by agreeing to dual "yin-yang" film contracts, in which one contract sets out the real agreed payment terms while the second states a lower figure for the tax authorities.
Last week, tax authorities ordered Fan to pay 883 million yuan (US$129 million) in back taxes, fines and penalties, adding that she would avoid incarceration if she pays up in time.

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READ: A lady vanishes: In China, a movie star disappears amid culture crackdown

The 36-year-old actress, model and producer had been a ubiquitous household name in China for years and tasted Hollywood success with a role in the 2014 blockbuster X-Men: Days of Future Past.
Last year, she topped Forbes magazine's list of top-earning Chinese celebrities with income of 300 million yuan (US$43 million).
A prolific social media user, she disappeared from the public eye in May after allegations emerged that she evaded taxes on a lucrative movie shoot, charges her studio called slanders.
Her sudden absence from screens and advertisements across the country spurred rumours that she had been snatched by officials at a time when Beijing is cracking down on what it views as excesses in the film and television industry.
A number of well-known Chinese figures have gone missing in recent years, only to resurface weeks or months later in a courtroom accused of corruption.
The highest profile figure to face such a fate is former Interpol president Meng Hongwei, who was on Monday accused of taking bribes.
Source: AFP/nc
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