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Chinese Star Fan Bingbing Reportedly Banned From Film Industry For 3 Years

Chinese actress and model Fan Bingbing has allegedly been banned from the film industry for 3 years following allegations of tax evasion. 

Last May TV anchor Cui Yongyuan accused Fan Bingbing of signing "yin-yang contracts", a term referring to the illegal practice among Chinese film stars of hiding part of their income by signing two contracts for the same work and declaring to the authorities only one contract. 

After Cui's revelation, China's tax authority launched a probe into the film industry. Late last month rumours spread on Chinese social media that Fan Bingbing and her younger brother Fan Chengcheng had been arrested. The actress also disappeared from social media.

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According to Taiwan-based Apple Daily, Chinese authorities have banned Fan Bingbing from the film industry for 3 years. During this period she will not be allowed to shoot movies or TV series. 

The Liberty Times further reports that China's tax authority has issued new regulations regarding celebrities' income taxes. The guidelines allegedly raise income tax rates for film industry stars from 6.7% to 42%. 

If Fan is found guilty of tax evasion, she will owe the government 31 million RMB in unpaid taxes. 

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