HSBC Gain Hunter
Likes ReceivedThe incident of Bank of China evading and then paying back taxes is like killing a chicken to scare the monkeys. Even Bank of China, the "favored son," can be investigated and exposed. All remaining listed central state-owned enterprises, state-owned enterprises, and private enterprises face the risk of audits and tax back payments.
Anyone who has done business knows that no company is 100% compliant and can withstand a "lantern-lit damage assessment."
It seems fiscal revenue sources are getting tighter, and every last grain is being collected into the granary.
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