China Says Missing Actress Fan Bingbing Has Been Fined for Tax Evasion

Fan Bingbing has not been seen in public since July following claims of tax evasion

One of China's best-known celebrities, Fan Bingbing, evaded paying taxes and now faces hundreds of millions of yuan in fines, state news agency Xinhua reported Wednesday.

But China's state news outlet Xinhau reported today that the actress faces about $70 million in fines, and another $37 million in back taxes (The Hollywood Reporter notes that other media outlets suggests the total could reach as high as $128 million).

The movie star dropped off the radar in June amid reports that she was involved in an investigation into tax evasion in the film industry. (Her team had previously denied the allegation, calling it slander.) If she pays back the money by an unspecified deadline, she will not be held criminally accountable, the report claimed.

CNN also reports that "Fan admitted to signing the contracts and said she "completely accepts" the decision by tax authorities".

After June, when she posted her visit to a children's hospital on social media, she vanished from sight, to the dismay of her fans.

Fan's disappearance had sparked significant public speculation about her whereabouts, with some pointing to a possible tax evasion investigation.

'Without the good policies of the party and the state, and without the love of the people, there would be no Fan Bingbing'.

The report described unpaid taxes, fines and late fees amounting to almost 900 million yuan or over $130 million.




"I failed my country which nurtured me; I failed the society which trusted me; I failed the fans who liked me", Fan reportedly said, according to translations.

She said she accepted the punishment meted out by the authorities and will pay the fine.

Fan, whose disappearance has caught global attention, was released from "residential surveillance at a designated location" - a form of secret detention - about two weeks ago as the tax authorities completed their investigation, sources with knowledge of her case told the South China Morning Post. She also has a role in the upcoming Bruce Willis-Adrien Brody feature Air Strike.

After the news started spreading, Bingbing posted an apology on Weibo.

"As a public figure, I should have abided by laws and regulations", she wrote, "and been a role model in the industry and society". She used "yin-yang contracts" to hide her finances and avoid millions of dollars in taxes.

The Chinese actor Fan Bingbing, who has been missing for months amid rumours of possible wrongdoing, has been fined for tax evasion.

Last month, Beijing Normal University released a study which attempted to assign a "social responsibility rating" for each Chinese film and television star.

Fan also made an global name for herself with appearances in Hollywood franchises such as X-men and Iron Man.

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