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US Tax Evader Severely Punished in Shenzhen
A US company in Shenzhen has been lately investigated by Shenzhen Administration of Taxation for taxes evasion and was severely penalized with a total of RMB 1.4million yuan of fine and income taxes out on time.
It is reported that the penalized US company in Shenzhen had been investigated by Shenzhen Administration of Taxation in 1997 for tax evasion and asked to pay dodged taxes.
At the end of last year, departments concerned carried out another investigation into the company's income and found it again taking to tax evasion. By checking into its work attendance records, it was found not declaring the individual income taxes of 29-person/time temporary foreign employees and part of two American engineers during 1997 to 1999. Meanwhile, this US tax evader was also found going about business, income, and stamp tax evasions during the said period. So the company is severely imposed a one-to-three-fold penalty fine in addition to payments of taxes out on time.
By PD Online Staff Huang Ying
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