China fined a top social media influencer $16 million for tax evasion. It’s the regime’s latest punishment of the country’s top online personalties and part of its nationwide crackdown on the livestreaming industry.
On June 16, Fuzhou Municipal Taxation Bureau of Jiangxi Province announced online that it ordered Xu Guohao to pay 108 million yuan (about $16 million) in back taxes, late fees, and fines for tax evasion from 2019 to 2020.
Xu Guohao known as “Xu Ze” was one of the top personalities on China’s e-commerce platform Momo from 2019 to 2020, and had 1.3 million followers. He had a monthly income of 11.57 million yuan (about $1.72 million) in November 2019. Xu disappeared from livestreaming after 2020….