Controlling shareholder of Guangzhou company threatens to move factory to cut 100 million RMB tax bill to 5 million RMB

Date2026.09.28

LocationGuangzhou

Fact statusReported

Importance II ●●●●●

Verification Reported · 1 Sources

Bloomberg reported that after the controlling shareholder of a company in Guangzhou received a tax bill of 100 million RMB, they threatened to move the enterprise to Shanghai, eventually convincing local officials to reduce the tax amount to 5 million RMB; the report did not disclose the name of the enterprise or the basis for the adjustment.

Evidence EVIDENCE

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SourceTypeReliabilityLink

李老师不是你老师

2026-09-28 15:31 · 9月28日彭博社报道，中国税务部门组建特别小组追踪富豪征税，部分小组专门针对一名亿万富翁，有富豪以迁厂威胁将亿元税单砍至500万元。

First-hand ●●●●●

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Context CONTEXT

Cause

Caused Chinese tax authorities form special task forces to track taxation of wealthy individuals

09.28 ·Reported ·Importance III ·China

Caused Ministry of Finance and State Taxation Administration Announce New Rules on Tax Clearance for Offshore Trusts

07.24 ·Reported ·Importance III ·China

Caused China's Ministry of Finance and State Taxation Administration Require 20% Tax on Offshore Trust Income

07.24 ·Official claim ·Importance V ·China

This event Controlling shareholder of Guangzhou company threatens to move factory to cut 100 million RMB tax bill to 5 million RMB 2026.09.28 · Reported

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Coverage of this event COVERAGE

Sayings · 2026-09-28 15:20 On September 28, Bloomberg reported that Chinese tax authorities have formed special task forces to track and tax wealthy individuals. Some task forces specifically target a single billionaire, while some wealthy individuals have threatened to move their factories to reduce tax bills from hundreds of millions of yuan to 5 million yuan.

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