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Chinese film industry coughs up US$1.7 billion in back taxes after Fan Bingbing scandal triggers crackdown
Business News News
China’s domestic film industry has paid more than 11.5 billion yuan (US$1.69 billion) in back taxes since authorities cracked down on tax evasion in the wake of the Fan Bingbing scandal, reported Xinhua on Tuesday. The figure represents a third of China’s domestic box office revenue, which reached 37.9