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Movie star fined 7.1m yuan for tax evasion
(Xinhua)
Updated: 2004-04-07 10:18
The two-year tax evasion case involving Liu Xiaoqing, a Chinese movie star,
finally closed Tuesday, with a ruling fining her company 7.1 million yuan
(US$858,500) and giving its general manager Jing Jun a three-year imprisonment.
Liu Xiaoqing
[Xinhua file] | According to the People's Court of
Chaoyang District in Beijing, Liu's Xiaoqing Culture Art Co. Ltd. was charged
with evading nearly 6.68 million yuan (US$807,730) of taxes from 1996 to 2001.
The court said the illegal tax conduct of this company, which fabricated
account books and evaded a 30 percent of the total taxes each year, had
constituted a crime.
Jing Jun, mainly in charge of the company's financial work, was convicted of
being directly responsible for the tax dodge.
Considering the company had already paid back all the evaded taxes before the
ruling, the court had shown leniency in penalty.
Liu Xiaoqing, who was the company's board chairwoman, was released on bail
last August after a year in jail. She has not been charged in the case against
the company.
Beginning as an actress, Liu won fame and awards in the 1980s for such
features as "A Town Called Hibiscus".
Capitalizing on her celebrity, Liu built a business empire in the 1990s that
included film production and investments in real estate and cosmetics.
Since her release, Liu has returned to acting on television. She resumed
public appearances in last November.
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