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Xiaomi and OnePlus officials summoned by India in forex probe
India has started investigating Chinese smartphone makers, including Xiaomi and OnePlus, for “suspected” forex violations. Read more…
tax evasion
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India tax department raids Huawei in latest tax-evasion crackdown
India’s Income Tax Department accuses Huawei of tax evasion accusations it has also directed at ZTE, Xiaomi and Oppo. Read more…
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Tax evasion on the rise in Vietnam as e-commerce booms
With COVID-19 sparking a surge in e-commerce in Vietnam, authorities are discovering a related and growing challenge: tax evasion. Read more…
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Xiaomi ordered by India to pay $87 million in evaded import taxes
India’s anti-smuggling agency orders the local unit of Xiaomi to pay $87m in import taxes the handset maker evaded for over three years. Read more…
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South Korea cracks down on tax evasion by cryptocurrency investors
South Korea will look to tighten a crackdown on tax evasion by cryptocurrency investors and high-income earners to cover rising welfare costs Read more…
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Indian court refuses ByteDance unblock request, asks for $11mn instead
Indian court says China’s ByteDance must deposit around $11 million that federal authorities believe it owes in an alleged case of tax evasion Read more…
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Indian authorities block ByteDance bank accounts for alleged tax evasion
Indian authorities blocked at least two ByteDance bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive. Read more…