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Chinese actress and model Fan Bingbing has allegedly been banned from the film industry for 3 years following allegations of tax evasion.  Last May TV anchor Cui Yongyuan accused Fan Bingbing of signing "yin-yang contracts", a term referring to the illegal practice among Chinese film stars of hiding part of their income by signing two contracts for the same work and declaring to the authorities only one contract.  After Cui's revelation, China's tax authority launched a probe into the film industry. Late last month rumours spread on Chinese social media that Fan Bingbing and her younger brother Fan Chengcheng had been arrested . The actress also disappeared from social media . Embed from Getty Images According to Taiwan-based Apple Daily , Chinese authorities have banned Fan Bingbing from the film industry for 3 years. During this period she will not be allowed to shoot movies or TV series.  The Liberty Times further reports that China 's t...

Rumours about the arrest of Chinese model and actress Fan Bingbing on charges of tax evasion have spread on Chinese media. As Apple Daily reports, celebrity Fan Bingbing and her younger brother Fan Chengcheng have allegedly been detained for taking part in a tax evasion scheme alongside her manager, Mu Xiaoguang. Mu has also allegedly been charged with destroying incriminating evidence. On May 28 TV anchor Cui Yongyuan posted on Weibo a contract that showed Fan Bingbing being paid $1.56 million (RMB10 million) for four days’ work on director Feng Xiaogang's film “Cell Phone 2.”  Later Cui released another contract worth $7.8 million (RMB50 million) for the same work. He alleged that Fan had declared to tax authorities only the first contract, thus avoiding to pay taxes on the second, larger amount.  Double-contracts for the purpose of tax evasion are known in China as "yin-yang contracts".  Although the Chinese government censored Cui's ...