Fan Bingbing: missing Chinese actress emerges with £100m tax bill

Chinese actress Fan Bingbing has disappeared from public viewMore

French music composer and member of the Feature Film jury Gabriel Yared (L) and Chinese actress and member of the Feature Film jury Fan Bingbing arrive on May 28, 2017 for the closing ceremony of the 70th edition of the Cannes Film Festival in Cannes, southern France.

The report described unpaid taxes, fines and late fees amounting to almost 900 million yuan or over $130 million. Her vanishing act sparked wild speculation in China about her fate, including reports that she had been detained. If she pays the huge sum of money, she will escape criminal prosecution as it's her first offense. Fan was last seen in public in July when she visited a children's hospital.

In a letter posted on social media, Fan, 37, apologized profusely and repeatedly to the public and government.

"As a public figure, I should have abided by laws and regulations", she wrote, "and been a role model in the industry and society".

Of the total amount, Fan is being personally fined around €60m (£54 million) for tax evasion, according to China's official Xinhua News Agency. Without the great policies of the [Communist] Party and the state, without the love of the people, there would have been no Fan Bingbing.

The State Administration of Taxation (SAT) said companies and individuals in the industry who voluntarily "rectify their behavior" and pay back taxes evaded prior to December 31 will be exempt from administrative punishment and fines, Xinhua said.

So-called "yin and yang" dual contract arrangements - with one contract for income declared to tax authorities while the other is kept secret - are reported to be used in China to evade taxes.

Speaking ominously of "enormous fears and worries" she faces over the mistakes she made in the past, she laments that, "I failed my country which nurtured me; I failed the country which trusted me; I failed the fans who loved me".

Radar readers know the X-Men: Days of Future Past star has not been spotted since June, when her tax scandal was exposed.

It was previously reported Fan had been banned from leaving China, amid the investigation. She's also stars alongside the upcoming spy thriller 355, alongside Jessica Chastain and Penelope Cruz.

Reps for Fan Bingbing have not yet responded to Yahoo Entertainment's request for comment.

The Chinese actor Fan Bingbing, who has been missing for months amid rumours of possible wrongdoing, has been fined for tax evasion.

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