China: Dissident artist deposits $1.3 million bribe deposit versus alleged tax bill

posted by
November 15, 2011
Posted in News

"Outspoken Chinese artist Ai Weiwei said he deposited a $1.3 million guarantee into a government bank account Tuesday out of concern for his associates after tax officials threatened to turn their investigation into his company over to police. The move represents a concession by Ai in a dispute that arose this week between the dissident and Chinese tax authorities who say Ai's Beijing Fake Cultural Development Ltd. owes 15 million yuan ($2.4 million) in back taxes and fines, and enables him and the company to challenge the tax bill." (11/15/11)  

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