In the news: Apple pays back taxes in China, Dongfeng Nissan gets fined US$19.2 million for price fixing and China clarifies SOE reform
September 15, 2015 | BY
clpstaff &clp articlesThis week Apple's China unit was reported to have underpaid its 2013 taxes, Nissan's China JV was fined for AML violations in Guangdong and President Xi confirmed SOEs will continue to play a key role in the economy
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Apple unit underpaid 2013 China taxes
Apple's China unit underpaid its 2013 taxes by Rmb452 million (US$71 million), according to a Ministry of Finance report dated September 9. It said Apple Computer Trading (Shanghai) understated its