×
You will be redirected back to your article in seconds

2018 Local Tax Payments by Huayi Brothers, Some Major Chinese Stars Revealed

The Chinese city that is home to the world’s largest film studio has released lists of its top registered taxpayers in 2018, revealing the payments by major production companies and movie stars at a time when new tax regulations have upended the industry.

In years past, the small city of Dongyang in coastal Zhejiang province attracted big entertainment companies to Hengdian, a town under its jurisdiction, with preferential tax benefits and the massive Hengdian World Studios complex. The area now gives an indication of what lies in store for the Chinese movie industry as authorities order companies to file and pay back taxes accrued under benefit schemes considered legal at the time.

A list released Tuesday on Dongyang’s official WeChat account – but since deleted – ranked Huayi Brothers as the highest-paying entertainment company in the region and fifth highest taxpayer overall, having coughed up RMB326 million ($48.2 million) in 2018. Dongyang Daylight Entertainment, the company behind the hit 2015 TV show “Nirvana in Fire,” came in ninth, forking over RMB129 million ($19 million).

Chinese superstar Lay Zhang, the EXO K-pop group member who hit up the Grammys last weekend, “Tiny Times” actress Yang Mi, and Jing Tian, the actress who played opposite Matt Damon in “The Great Wall,” were the three most-taxed artists with studios in the region, having paid RMB19.13 million ($2.8 million), RMB15.53 million ($2.3 million) and RMB10.43 million ($1.5 million) in 2018, respectively.

Popular on Variety

Other celebrity-owned studios listed included those of singer Hua Chenyu (with taxes of RMB7.92 million), popular Uighur actress Dilraba Dilmurat (RMB6.6 million), and another EXO heartthrob, Lu Han (RMB6.34 million).

The figures likely only reflect normal taxes for the year and do not include the controversial back taxes, said Chinese financial publication Caixin, citing a legal expert.

More Film

  • Cineworld

    U.K.'s Cineworld Poised to Buy Canada's Cineplex in $2.1 Billion Deal

    U.K.-based Cineworld is to acquire Cineplex, Canada’s leading cinema chain, in a deal that values the Toronto-listed company at $2.1 billion (C$2.8 billion) and puts Cineworld in position to become North America’s biggest exhibitor. Cineworld said Monday that it had secured unanimous approval from its board of directors for the acquisition, and that its leading [...]

  • Trailer to Fedor Bondarchuk Sci-Fi Actioner

    Fedor Bondarchuk's Sci-Fi Actioner 'Invasion' Debuts Imax Trailer (EXCLUSIVE)

    Variety has been given exclusive access to the Imax trailer, dubbed into English, to Fedor Bondarchuk’s sci-fi actioner “Invasion,” the sequel to his 2017 blockbuster “Attraction.” In the first film Moscow becomes the battleground for all-out war against an army of alien invaders. In the sequel, an alien spaceship crash lands in Moscow, and an [...]

  • Sheep Without a Shepherd

    China Box Office: ‘Shepherd’ and ‘Skyfire’ Lead Local Film Dominance

    Chinese-made films “Sheep Without A Shepherd,” “Skyfire” and “Gone With the Light” dominated weekend takings at the mainland Chinese box office. Hollywood’s holdovers were consigned to the lesser rankings. “Shepherd” is a remake of 2013 Indian thriller “Drishyam” and tells the story of a man trying to cover up for his daughter’s killing of a [...]

  • Once Upon a Time in Hollywood

    COLA Announces California On-Location Awards Winners

    “Once Upon a Time in Hollywood,” “Dolemite is My Name,” and HBO’s “Ballers” are among the winners of this year’s COLA awards. The COLAs recognize location managers, public employees and other professionals who help facilitate on-location production across the Golden State. This year’s awards program was held at the Universal Hilton. Finalists and winners are [...]

  • French movie director Jean Luc Godard

    How Anna Karina and Jean-Luc Godard Immortalized Each Other (Guest Column)

    With the passing of Anna Karina, a curtain has fallen on the French New Wave, that fabled cinematic movement that brought fame to the man who made her name, Jean-Luc Godard. Yes, Godard is still with us, as is “Breathless” star Jean-Paul Belmondo (practically the last of the living New Wave legends), but his moviemaking [...]

  • Richard Jewell

    Box Office: Clint Eastwood Suffers Worst Opening in Four Decades With 'Richard Jewell'

    Clint Eastwood might end up with a lump of box office coal after “Richard Jewell” sputtered in its domestic debut. Despite critical acclaim, Warner Bros.’ drama about the security guard falsely accused by the media for playing a part in the 1996 Olympics bombing ignited with a dismal $5 million from 2,502 theaters. It’s a [...]

More From Our Brands

Access exclusive content