PANews|Jan 21, 2026 08:00
[Tax Authorities Impose a Fine of 100,000 Yuan on 'Pinduoduo']
Xinhua News Agency reporters learned from the Changning District Tax Bureau of the Shanghai Municipal Tax Service under the State Taxation Administration that Shanghai Xunmeng Information Technology Co., Ltd. failed to report tax-related information as required by the 'Regulations on Tax-Related Information Reporting for Internet Platform Enterprises.' The tax authorities ordered the company to make corrections within a specified period. Although the company made corrections, it did not complete them within the required timeframe. The bureau, in accordance with laws and regulations, imposed a fine of 100,000 yuan on 'Pinduoduo.'
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