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New Oriental was fined180,000. Why was it fined?
Preface: New Oriental is a well-established institution in China, especially after the film "Chinese Partner" was broadcast, but it was fined180,000 yuan for tax problems. However, the fine was imposed by Tianjin New Oriental Company, not the headquarters company of New Oriental. Then after the news broke, it attracted a lot of attention. For every China people, they must pay taxes according to law.

I. Tax Issues During the investigation, the tax bureau found that Tianjin New Oriental Co., Ltd. did not pay the personal income tax of last month in1February. Therefore, Tianjin New Oriental Training Company was punished. This punishment is a relatively normal administrative punishment, so it will not have a greater impact on New Oriental Company. Then this incident has attracted a lot of attention, because the amount of fines is still relatively large. Because this fine incident is a branch of Tianjin company, it will not have a particularly great impact on the headquarters.

Second, the impact. So after Tianjin New Oriental Company was fined180,000 yuan this time, many people felt that it affected the future development of New Oriental. Because after the introduction of the double reduction policy, the impact on New Oriental is still relatively large, so many people speculate that this fine has a certain relationship with the double reduction policy, but in fact there is no connection between the two. This time is also a relatively normal punishment. Although the situation of New Oriental is not particularly good after the double reduction policy, I believe that other well-known training companies in China will certainly achieve other development in the future.

Third, strengthen supervision. Through this punishment, we can know that every company must pay taxes according to law. The supervision of these large companies is very strict, especially for some well-known institutions. The tax bureau conducts strict examination every month, so as to ensure the normal tax payment of the company. Of course, through this incident, we can also see that local tax authorities should strengthen supervision. Only in this way can we protect the rights and interests of users.