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Bai Bing underpaid taxes and fees by 9.1118 million yuan.
Based on the maximum individual income tax rate of 45%, the taxable income is estimated to be just over 20 million yuan;
based on a comprehensive tax burden of 25%-35%, roughly 26 million to 36 million yuan.
On average over four years, that's about 6.5 million to 9 million yuan per year.
This is only the part that hasn't been publicly revealed; it's not the total income.
Normal declared income from advertising, store visits, brand collaborations, and company transactions are not included here.
Top store-visiting internet celebrities earn tens of millions annually, and this figure isn't exaggerated.
Good years can reach 20-30 million, which is also easy to understand.
Looking at the cars, watches, luxury homes, and luxury goods he often posts,
the tax details mention brand-name bags, high-end jewelry, and luxury goods invoices linked to company accounts.
Previously, I thought store visits were about looking at menus; now I realize menus aren't important, ledgers are more so.
Ordinary people see him eating.
Tax authorities see his income deposits.