According to the Xinhua official news agency from china Published on an unnamed US multinational company must pay to the Chinese government 840 million Yuaon($137) in Back taxes &interest,and 100 million Yuan in additional taxes a year in the future.
The Xinhua refers the article as only to a company whose name start with “ M” is one of the world’s biggest 500 firms and which established a wholly –owned foreign subsidiary in Beijjing in the 1995. Microsoft is the only one company that fits description.
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