Unit of SOHO China fined $111 million for tax evasion
SOHO中国旗下公司因偷逃税被罚7.09亿元
Chinese regulators handed a massive 709 million yuan ($111 million) fine to a unit of Chinese office developer SOHO China, which is chaired by Chinese real estate tycoon Pan Shiyi, for evading taxes, according to a statement published on the website of the Beijing Municipal Tax Service.
The unit, Beijing Jianhua Real Estate Co, has evaded about 198 million yuan in taxes by means of fraudulent tax reports in its real estate project SOHO Shangdu, according to the statement.
Public data showed that Beijing Jianhua was founded in 1994 with registered capital of 1.04 trillion yuan. Pan Shiyi is the company’s legal representative and president, while Zhang Xin, Pan’s wife, is the firm’s vice president.
经查，北京建华置地有限公司，在SOHO尚都项目（二、三期）土地增值税清算和企业所得税汇算清缴中，违规多扣成本，进行虚假申报，少缴土地增值税和企业所得税1.98亿元。
根据《中华人民共和国税收征收管理法》《中华人民共和国行政处罚法》等法律法规规定，税务部门依法追缴税款、加收滞纳金并处2.5倍罚款共计7.09亿元。
工商信息显示，北京建华置地有限公司成立于1994年2月22日，法定代表人为潘石屹，注册资本为10397万元人民币，经营范围包括对朝阳区东大桥8号原北京市政工程机械公司院内进行房屋建设、出租、经营等。该公司由SOHO中国（BVI-7）有限公司持股60%，由北京市华远置业有限公司持股40%。目前，暂无对外投资企业。
