Posts Tagged ‘fapiao’

Bribery Is "Made In China" For IBM

The U.S. Securities and Exchange Commission charged IBM with funneling gifts, cash, and entertainment to government officials in South Korea and China. Specifically, IBM was charged with violating the books and records and internal control provisions of the Foreign Corrupt Practices Act of 1977 as a result of the provision of improper cash payments, gifts, […]


Chinese Electronics Retailers Under SAT Investigation

China’s State Administration of Taxation is investigating the stub invoices of value-added tax paid by the three major home appliance retailers Gome, Suning and Dazhong, which are suspected of reporting decreased revenue to evade taxes.