- Anhui Xingyin Network Technology Co., Ltd. was found to have fraudulently obtained VAT and small business tax incentives by splitting company income into shell sole proprietorships and hiding revenue through personal accounts from 2022 to 2024.
- The company underpaid a total of 1.608 million yuan in taxes.
- In September 2025, the Tongling Tax Bureau ordered the company to pay back taxes, late fees, and fines totaling 2.8613 million yuan, all of which have been collected.
- The tax authority emphasized that such fraudulent activities are considered tax evasion and will continue to be strictly investigated to maintain fair tax order.
Source: chinatax.gov.cn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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