Wahaha boss under investigation for tax evasion

Legal and Regulatory

Saturday, August 30, 2008 06:00:23

	Wahaha boss under investigation for tax evasion By STAFF EDITOR Published: April 14, 2008 09:08 PM Zong Qinghou, the chairman of Hangzhou Wahaha Group, China's largest soft drink maker, is under investigation for tax evasion, China Business News reported. Tax authorities allege he evaded paying nearly US$42.86 million dollars (RMB300 million) in taxes on around US$71 million he and his family received from Groupe Danone, Wahaha’s estranged French partner, between 1996 ... You are currently reading 58 words of 178 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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