Companies must have confidence in the law
China Daily | Updated: 2018-02-13 07:45
IN ITS TRIAL of the second instance on Sunday, the Intermediary People's Court of Jiujiang, East China's Jiangxi province, annulled the two-year prison sentence given a businessman found guilty of tax evasion. Beijing News comments:
Gongqingcheng People's Court found Dai Xiaoquan, the founder of Cellon, a cellphone parts manufacturer, guilty of tax evasion in May. But the appeal court said the amount of tax Dai evaded, about 3.6 million yuan ($570,000), was less than 10 percent of the tax he had paid so he should not have been charged under the Criminal Law.
Dai, who should have received administrative penalties, was placed in criminal detention in 2015 before he was sentenced to prison.
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