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Wei Ya, who is China’s top live streamer, has been fined 1.34bil yuan (S$286mil) for tax evasion. That record amount is even higher than the 884mil yuan (S$188mil) Fan Bingbing was fined for the same crime in 2018.

The 36-year-old 'Queen of Live Streaming' reportedly set up multiple companies in order to report her commission income as business income, which has a lower tax rate.

The State Taxation Bureau shared on Dec 20 that Wei Ya evaded 643mil yuan (S$137mil) of taxes with this method between 2019 and 2020, and underpaid other taxes by by 60mil yuan (S$12.8mil).

Officials stated that Wei Ya will not be held criminally liable if she is able to pay her taxes within the prescribed time limit, but did not specify when the deadline is.

Wei Ya is said to have sold over 31bil yuan (S$6.6bil) worth of goods in 2020 alone through her live streams.

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