Chinese Companies Sent Massive Back Tax Bills Amid Local Funding Crisis

Chinese Companies Sent Massive Back Tax Bills Amid Local Funding Crisis
The tax service robot "Shui Xiao Qu" amuses people at the taxation administration of Qujiang New District on December 5, 2016 in Xi'an, Shaanxi Province of China. VCG/VCG via Getty Images
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Chinese authorities have started collecting backdated taxes from local companies who still have outstanding payments from the past few decades. This had led to large fines, with some companies being forced to stop production.

Pinnacle View Team
Pinnacle View Team
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“Pinnacle View,” a joint venture by NTD and The Epoch Times, is a TV forum centered around China. The program gathers experts from around the globe to dissect pressing issues, analyze trends, and offer profound insights into societal affairs and historical truths.
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