
‘Yin-yang’ contracts said to belong to Fan Bingbing were posted online.
The salaries of on-screen performers should be capped at 40% of the total production costs, according to a joint notice from five government agencies including China's tax authority, the television and film regulator, and the propaganda department. Leading actors should receive no more than 70% of total wages for the cast, according to the announcement, published in Xinhua.
The directive - the same as guidelines released last year by the China Alliance of Radio Film and Television - comes after a series of Chinese celebrities were accused of signing fake contracts to evade taxes.
In May a well-connected Chinese TV presenter, Cui Yongyuan, posted photos of contracts believed to belong to Fan Bingbing, one of the country's highest paid actors. The contracts, one for $1.56m and another for $7.8m, were meant to be an illustration of "yin-yang contracts", a common method of tax evasion in which only the smaller contract is reported to authorities.














Comment: Not a bad idea for a LOT of professions.