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‘Live-Streaming Queen’ Viya Fined $210m for Tax Evasion – China Daily

Huang Wei was fined for concealing income and falsely declaring personal wages as operating income of sole proprietorships from 2019 to 2020


Asset managers have urged China to implement radical debt market reforms, such as more transparency on how defaults are handled, the Financial Times reported.
Analysts have warned more monetary easing could add downside pressure on the Chinese currency.

 

China’s top live-streaming host Huang Wei has been fined 1.34 billion yuan ($210 million) for tax evasion, the latest step in stronger regulation of the booming live-streaming e-commerce industry, China Daily reported.

Huang, who is better known as Viya, was fined for concealing income and falsely declaring personal wages as operating income of sole proprietorships from 2019 to 2020, according to a statement released on Monday by the Hangzhou taxation bureau in Zhejiang province.

 

Read the full report: China Daily.

 

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.