Soho China subsidiary fined 709 mln yuan for tax evasion

SOHO China

17/12/2021 10:32

BEIJING, Dec 17 (Reuters) - Beijing Jianhua Land Co, a
subsidiary of Soho China Ltd  0410.HK , was fined 709 million
yuan ($111.10 million) by the city of Beijing for evading 198
million yuan in taxes, according to a statement on the Beijing
tax bureau's website on Friday.
    ($1 = 6.3815 Chinese yuan renminbi)

 (Reporting by Ryan Woo and Ella Cao; editing by Jason Neely)
 ((Ryan.Woo@thomsonreuters.com;))