Current location - Loan Platform Complete Network - Local tax - Vivo was once again investigated by the Indian tax authorities. What is the reason behind this move?
Vivo was once again investigated by the Indian tax authorities. What is the reason behind this move?
Vivo mobile phone was investigated by the Indian tax authorities, and the news that it was accused of tax evasion of nearly 654.38+09 billion yuan immediately caused heated discussion among netizens. Relevant departments said that during the process of searching the factory in vivo India, it was found that vivo India company made false declarations through imported products. Prior to this, it raided vivo's office for financial crimes. 1 19 corporate accounts related to vivo's business in India were blocked, and 4.65 billion rubles in the accounts were frozen. Just three months after the last evaluation, this audit of vivo will inevitably have a great impact on the operation of Indian enterprises in China. Next, India will audit other companies and enterprises in China.

Although vivo has responded positively before, saying that it will cooperate with the investigation of Indian tax authorities, from the actual situation, India does not want vivo to continue to operate in India, or to collect taxes from vivo through excuses. For the current vivo company, taxes and fines will obviously tighten their capital chain, and many overseas companies are reluctant to operate in India. This is also because India always likes to use various reasons and excuses to evacuate overseas companies and help local enterprises develop, which makes many companies very angry.

This practice has hindered the long-term development of many outstanding foreign companies in India, and there are also factors that are not conducive to providing employment in India and cannot promote the rapid economic growth in India. Next, vivo will work with relevant departments to solve this matter according to law. If you need to pay taxes and fines, it is very unfavorable to the operation of vivo. India should legally protect relevant overseas companies to promote the rapid growth of local economy and play a learning and guiding role for local enterprises.