Beijing to curb tax evasion in live-streaming sector


Source: rthk.hk rthk.hk

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The State Taxation Administration said on its website that live-streamers and live-streaming platforms should compete fairly and fulfil their legal obligations to pay taxes. "Live-streaming has played an important role in recent years in promoting flexible employment," it said. "At the same time, there are problems such as poor management by live-streaming platforms, irregular commercial marketing behaviour [and] tax evasion, which impede the industry's healthy development and damage social fairness and justice." Live-streaming has surged in popularity in China, with millions of influencers running channels on Douyin, the Chinese equivalent of TikTok, Kuaishou, and other short video platforms, where they...