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Chinese Influencer Fined $16 Million for Tax Evasion, as the Regime Tightens Control of Livestreaming Industry

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By Alex Wu

 

China fined a top social media influencer $16 million for tax evasion. It’s the regime’s latest punishment of the country’s top online personalities and part of its nationwide crackdown on the livestreaming industry.

On June 16, Fuzhou Municipal Taxation Bureau of Jiangxi Province announced online that it ordered Xu Guohao to pay 108 million yuan (about $16 million) in back taxes, late fees, and fines for tax evasion from 2019 to 2020.

Xu Guohao known as “Xu Ze” was one of the top personalities on China’s e-commerce platform Momo from 2019 to 2020, and had 1.3 million followers. He had a monthly income of 11.57 million yuan (about $1.72 million) in November 2019. Xu disappeared from livestreaming after 2020.

According to information on China’s business search website Tianyancha, Xu has been the legal representative, executive director, and general manager of Jiangxi Zemu Film and Television company, which was founded in December 2020 with registered capital of 200 million yuan (about $30 million).

 

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