According to an announcement on Wednesday by China's State Taxation Administration, three government departments in the country recently issued documents regulating live-streaming profit-making.
At present, the tax supervision department is still in the process of supervising the tax situation within the country's sprawling live e-commerce industry.
The organ made a tax administrative punishment decision on Huang Wei according to laws and regulations with a total fine of 1.341 billion yuan ($210.3 million).
