[New post] China says Apple unit underpaid $71 million in tax in 2013

sskarthik posted: "A China unit of U.S. tech giant Apple Inc underpaid taxes in 2013 by 452 million yuan ($71 million), according to a report from the country's finance ministry, which comes as China toughens its stance on tax payments by foreign firms. The Ministry of" Respond to this post by replying above this line New post on SKarthik.info China says Apple unit underpaid $71 million in tax in 2013 by sskarthik A China unit of U.S. tech giant Apple Inc underpaid taxes in 2013 by 452 million yuan ($71 million), according to a report from the country's finance ministry, which comes as China toughens its stance on tax payments by foreign firms. The Ministry of Finance (MOF) report, dated Sept. 9 but cited by official news agency Xinhua on Thursday, said Apple Computer Trading (Shanghai) Co Ltd had already repaid the taxes as well as paying 65 million yuan in late fees. Apple officials in China did not respond to phoned and emailed requests for comment. Read more... sskarthik | September 10, 2015 at 4:58 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3jdJ Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/09/10/china-says-apple-unit-underpaid-71-million-in-tax-in-2013/ Thanks for flying with WordPress.com