Re:China Moves to Devalue Yuan
by ConfuciusSay on Tuesday August 11, 2015 @03:52PM
(#10043867)
"the ownership obligates them to pay taxes"
In theory you're right, and they often do pay taxes, but there are many schemes where the foreign investors pay zero taxes. There's no incentive on the industry's part to showcase or investigate to what extent this occurs, but we know it's pretty prevalent.
In theory you're right, and they often do pay taxes, but there are many schemes where the foreign investors pay zero taxes. There's no incentive on the industry's part to showcase or investigate to what extent this occurs, but we know it's pretty prevalent.