China livestreamers rush to pay back taxes amid crackdown

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China livestreamers rush to pay back taxes amid crackdown
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Thousands of Chinese influencers are rushing to settle their back taxes as the country's top live streamer was forced to pay $210 million in tax fines

that it would strengthen its regulation of state revenue collection from the entertainment sector. Taxpayers have until the end of 2021 to rectify their taxes arrears to avoid heavy penalties, according to CNS.— were fined $15 million collectively in September for tax evasion, but Viya is the most significant star to have fallen so far.

Viya apologized for the breach on her Weibo microblog account, which had around 18 million followers, on Monday after news broke, saying she felt"deeply guilty" and would"totally accept" the punishment meted by the tax authority, according to a copy of the notice Insider saw. She also pledged to pay the fine on time.Beijing is intensifying oversight of the entertainment industry and regulating what celebrities can do.

said in November that celebrities in China must avoid flaunting their wealth and adhere to"core socialist values." which included the names of 88 celebrities it had cited for"illegal and unethical" behavior.Subscribe to push notifications

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