SHANGHAI • If movie-makers need to pay, say, greater than 80 million yuan (S$16.7 million), the reported price for an A-list actress in China, they’ll achieve this, however will have to make sure that the payment doesn’t exceed 40 per cent of a manufacturing’s whole value.
If there are a number of A-listers, the producers will have to handle their egos to rein in value, as their charges are restricted to 70 per cent of the overall payout to all solid members.
On Wednesday, the Chinese authorities, together with the tax bureau, issued a joint discover detailing these rules within the wake of a current hoo-ha over alleged tax evasion by famous person Fan Bingbing.
These guidelines will even apply to on-line initiatives, in a transfer by the authorities to revive some sanity to the leisure as studios dangle massive bucks to vie for giant names in a bid to face out in a crowded area.
“Strict monitoring of funds and contracts for movie, tv and on-line productions is a should.
“We must also step up our forces in fighting tax evasion and unhealthy competition,” Xinhua news company cited the official discover as stating.
Earlier this month, tax officers launched an industry-wide probe after TV host Cui Yongyuan posted images of two contracts allegedly inked by Fan.
The contract with a decrease financial worth was supposedly supposed for use for tax computation.
Fan denied the claims and Cui later apologised to her.
Fan is in a lately printed checklist of actresses within the 80-million-yuan-and-above pay bracket, becoming a member of others like Yang Mi, Zhang Ziyi, Zhou Dongyu and Sun Li.
But, similar to in Hollywood, the boys pocket extra, with the likes of Chen Kun, Hu Ge and Yang Yang commanding 100 million yuan.