"Brother Xiao Yang" Responds to 20 Million Donation for Tax Deduction: Funds Have Been Taxed, Impossible to Use Tax Money for Donation

Bian Niu Shi News, August 5th - On August 3rd, Sanzhiyang Network announced a targeted donation of 20 million yuan to the China Charity Federation for the purchase of emergency supplies, disaster area relief, and subsequent reconstruction work in disaster-affected areas, in order to help the people in the disaster areas restore their normal lives.

Due to the substantial amount of this donation by Sanzhiyang Network, some netizens raised questions, claiming that the 20 million yuan donation is actually for tax deduction.

In response to this situation, "Brother Xiao Yang" made a statement in the livestream yesterday: The 20 million yuan donation has been made after the payment of corporate income tax. It is not possible to take the tax money paid and use it for donation.

"Taken from the people, used for the people; taken from society, used for society." "Brother Xiao Yang" stated that compared to some large enterprises, Sanzhiyang is just a small company, and donating more does not necessarily mean the company is wealthier.

In comparison, among the numerous livestream hosts and MCN (Multi-Channel Network) organizations, Sanzhiyang Network's donation for the disaster relief is the largest, and their action is also the fastest.

Previously, Xin Xuan Group donated 709,000 yuan worth of flood-resistant materials to Gulin, Sichuan Province, and purchased over 2.3 million yuan worth of materials to support the disaster relief in Zhuozhou, Hebei Province; "Making a Friend" donated 1 million yuan to support flood control and disaster relief in Beijing, Tianjin, and surrounding areas; Dongfang Zhenxuan donated 3 million yuan to support flood control and disaster relief in Beijing, Tianjin, and Hebei; the couple Wei Ya donated 5 million yuan in goods and funds to the disaster-affected areas in Beijing, Tianjin, and Hebei.

Although the amount of the donation may vary, and acts of kindness are equally commendable, Sanzhiyang Network's substantial donation has received praise and support from netizens. In yesterday's livestream sales event, Sanzhiyang Network's Douyin (TikTok) livestream room attracted a large number of consumers. Sanzhiyang Network achieved a single-day sales revenue of 35.18 million yuan, selling over 445,800 items.