Tax evasion probes nets US$136m in back taxes

Legal and Regulatory

Friday, September 05, 2008 23:44:28

	Tax evasion probes nets US$136m in back taxes By STAFF EDITOR Published: January 17, 2008 12:00 PM China’s tax office collected US$136.47 million (RMB987 million) last year through a probe into corporate tax evasion, the Oriental Morning Post reported. The tax authority netted a total taxable income of US$1.24 billion (RMB8.96 billion) from 173 companies found ... You are currently reading 41 words of 125 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: tax	More Articles in Legal and Regulatory > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Calls to raise income tax threshold as tax take outstrips growth Guangzhou financial taxes up 90% in Q1 China launches global hunt for SOE compliance chiefs Shanghai eases SME entry threshold Beijing, Tianjin consider financial integration Beijing city says Shanghai key financial hub but wants role Shanghai housing fund mulls higher contributions

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