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ByteDance, creadora de TikTok, dice no tiene planes inmediatos para cotizar en bolsa

ByteDance, creadora de TikTok, dice no tiene planes inmediatos para cotizar en bolsa
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India court says ByteDance must deposit $11 million in tax evasion case

3 Min Read MUMBAI (Reuters) - An Indian court on Tuesday said China’s ByteDance must deposit around $11 million that authorities believe the company owes in an alleged case of tax evasion, a decision the government said bars the firm from using existing bank funds for other purposes. FILE PHOTO: The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it investigated some of the firm’s financial dealings. ByteDance challenged the move in court saying the freeze amounted to harassment and was done illegally.

India court says ByteDance must deposit $11 million in tax e

India court says ByteDance must deposit $11 million in tax evasion case Reuters | Apr 06, 2021 10:48 PM EDT The ByteDance logo is seen in this illustration taken (Photo : REUTERS/Dado Ruvic/Illustration/File Photo) An Indian court on Tuesday said China s ByteDance must deposit around $11 million that authorities believe the company owes in an alleged case of tax evasion, a decision the government said bars the firm from using existing bank funds for other purposes. An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it investigated some of the firm s financial dealings. ByteDance challenged the move in court saying the freeze amounted to harassment and was done illegally.

India court says ByteDance must deposit $11 million in tax evasion case

India court says ByteDance must deposit $11 million in tax evasion case By Abhirup Roy and Aditya Kalra FILE PHOTO: ByteDance logo is seen in this illustration MUMBAI (Reuters) – An Indian court on Tuesday said China’s ByteDance must deposit around $11 million that authorities believe the company owes in an alleged case of tax evasion, a decision the government said bars the firm from using existing bank funds for other purposes. An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it investigated some of the firm’s financial dealings. ByteDance challenged the move in court saying the freeze amounted to harassment and was done illegally.

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