HomeInternational NewsApple supplier Foxconn subjected to tax inspections by Chinese authorities

Apple supplier Foxconn subjected to tax inspections by Chinese authorities

Published on

spot_img
Foxconn Stock Photos - Free & Royalty-Free Stock Photos from Dreamstime
  1. Chinese tax authorities conducted searches at Foxconn, a major Taiwanese company known for manufacturing Apple iPhones.
  2. Tax authorities conducted searches in Foxconn’s offices in Guangdong and Jiangsu provinces. The Ministry of Natural Resources inspected Foxconn offices in Henan and Hubei provinces.
  3. The report did not disclose specific details about the nature, timing, or findings of these searches and inspections.
  4. An expert emphasized that Taiwanese companies operating in China, such as Foxconn, should shoulder social responsibilities and play a positive role in promoting peaceful cross-strait relations.
  5. Cross-strait relations have been strained due to China’s claim of Taiwan as part of its territory, with occasional military provocations, trade disputes, and political complexities. Foxconn does most of its manufacturing in China and has a significant presence in the country.

Latest articles

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...

CarDekho acquires Revv to enter car rental space

CarDekho, an autotech unicorn, acquired Revv, a self-drive car rental service. Revv's services will be...

More like this

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...