Webmaster's House (ChinaZ.com) January 6 news: According to Reuters, the Indian Ministry of Finance said in a statement on January 5 that after the investigation found that there was tax evasion, it had issued a notice to Xiaomi Technology India Pte., demanding that 653 million rupees (about $88 million) of taxes be recovered from the company.
In this regard, Xiaomi responded to the surging news that Xiaomi adheres to legal and compliant operations around the world and abides by the relevant laws and regulations of the place of operation. Xiaomi said that the Indian authorities required Xiaomi to pay back the import tax related to the royalties between April 1, 2017 and June 30, 2020, which has nothing to do with Xiaomi's recent business, and the official statement is not the final result.
"The root cause of this tax problem is that there are differences between the parties on the price determination of imported goods. Whether royalties, including patent royalties, should be included in the price of imported goods is a complex technical dilemma in all countries." Xiaomi said that for this issue, it will continue to communicate with the relevant departments in India.
![After being chased by India for 550 million yuan in taxes, how does Xiaomi respond?[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)