Conversation
10.17.18

The Taxman Cometh for Fan Bingbing. So How Widespread Is Tax Evasion in China?

Wei Cui, Donald Clarke & more

Mega-famous Chinese actress Fan Bingbing emerged from months of silence to admit on Weibo that she had evaded taxes and owed over U.S.$100 million worth of civil fines to Chinese authorities. In a remarkable apology, Fan wrote that, “without good...

Caixin Media
06.05.17

China to Boost Checks on Overseas Spending

China is stepping up supervision of the use of bank cards overseas, a move the foreign-exchange regulator says is needed to fight money laundering, terrorist financing, and tax evasion.

Starting September 1, banks will be...

Infographics
09.29.15

China’s New Roads Are Taking a Toll

from Sohu

On July 21, the Ministry of Transport issued a revised...

China Wants Taxes Paid by Citizens Living Afar

The Beijing billionaires who set up cryptically named companies in the British Virgin Islands to hold their fortunes are in the cross hairs. So are the Guangdong salesmen living and working in Africa and Latin America. China’s tax officials are...

Infographics
06.20.14

The Problem with Chinese Gas Prices

from Sohu
Implementing higher fuel standards in order to reduce air pollution is a good thing. But the “Big Two” oil companies who control the petroleum industry—Sinopec and CNPC—should take responsibility for the increased cost. Consumers already pay huge...
Infographics
04.15.14

Hidden Taxes

from Sohu

It is tax day in the United States, when many citizens groan and grumble at the size of their refund (what refund?) or scratch their heads as they try to maximize deductions. Our partners at Sohu recently published an infographic, which we have...

Conversation
01.27.14

China’s Offshore Leaks: So What?

Paul Gillis & Robert Kapp

Two recent stories by the International Consortium of Investigative Journalists detailed China’s elite funneling money out of China to tax havens in the Caribbean. We asked contributors to...

Hollywood Studios Denied Payments from China

Sony is up against an issue that has plagued the studios since at least January: The Chinese government wants to impose a value-added tax that cuts into what the studios expected to be their 25% revenue share of the Chinese box office.

Two China Cities Move To Cool Overheated Housing Market

In Shanghai and Beijing, stricter laws governing residence status and residence-related taxes in order to offset a real estate bubble that could seriously damage the economy and exacerbate social tensions between the rich and the poor....

Ai Weiwei: I Won’t Pay

Artist Ai Weiwei said he would refuse to pay the remainder of a $2.4 million fine for tax evasion after a Beijing court rejected his appeal on Thursday, setting the stage for another possible showdown between the media-savvy dissident and Chinese...

Chinese Court Upholds Ai Weiwei Tax Fine

A Chinese court on Friday upheld a $2.4 million fine for tax evasion against the country's most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken...

Caixin Media
06.21.12

Economist Sees Room for Slashing Taxes

Increasing government spending would be a disservice to society rather than a benefit if Beijing wants to create a consumption-led economy, one economist says in a recent research report.

“The so-called ‘structural optimization,’ which...

Caixin Media
04.24.12

China’s Tax Burden: A Mysterious Lead Sinker

(Beijing)—In much of the world, admiration and envy are common reactions to China’s consistently high GDP growth rates.

But closer to home, the Chinese public’s admiration of their own economic miracle is shadowed by tax increases that...