Liqun Department Store: Once The Unit Was Caught In The Lawsuit, It Was Punished For Stealing Tax Avoidance.

< p > the Qingdao Liqun department store Limited by Share Ltd (formerly known as "Liqun department store"), which was previously planned for the 2012 annual meeting, once again broke through IPO. At present, the SFC website has disclosed its prospectus lined up. The total number of new shares pferred by Liqun department store is no more than 176 million shares, and the proposed fund-raising fund is more than 1 billion 900 million yuan, which will be used for the construction of chain stores, shop decoration, logistics distribution center upgrading, and electronic business platform upgrading.

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< p > < strong > tax evasion and tax avoidance have been punished < /strong > < /p >

< p > according to the prospectus of Liqun department store (Declaration), in January 30, 2011, the Qingdao Local Taxation Bureau issued a decision on tax administrative penalty for Liqun general store.

The corporate income tax with a total value of 1189760.55 yuan in Liqun department store in 2007 is classified as tax evasion, a fine of 50% of the unpaid tax and a income tax paid. The penalty amount is 594880.28 yuan.

At the same time, we should pay a total of 1557235.14 yuan for the two individual income tax deductions of Liqun department in 2007 and 2008.

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< p > not only that, in addition to the above penalties, from January 1, 2011 to March 31, 2014, Liqun department store and its subsidiaries received a total of 40 penalties from government departments of industry and commerce, taxation, health and quality supervision, and the total amount of penalty was 340 thousand and 600 yuan.

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< p > < strong > many units are involved in litigation < /strong > < /p >.

< p > continuous litigation has resulted in more than 1 million yuan in litigation costs.

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< p > from the content disclosed in Liqun department's prospectus, before the year 2013, the company had 7 major litigation cases involving 1 million yuan or more of the financial object of the litigation.

Among them, Huaxia Bank (quotes, interrogation) Qingdao branch and industrial and Commercial Bank of China (market, interrogation) Qingdao City South District Branch behavior loan contract lawsuit, determine Liqun department store subsidiary repayment amount totaling more than 5 million yuan.

In addition, Qingdao Jian special biological Investment Co., Ltd. and Qingdao national cargo Co., Ltd. also lodge a lawsuit against the Baihui Commercial Department of Liqun department store due to the loan contract dispute. The total amount of repayment is nearly 4 million yuan.

It is worth mentioning that the prospectus shows that the implementation amount of Liqun department store to Qingdao branch of Huaxia Bank and Qingdao Jian special biological Investment Co., Ltd. is 0 yuan.

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< p > not only that, there are still personal injury compensation lawsuits in liking department store's related litigation.

In the first instance, a total of 1207071.45 yuan was awarded to the Laizhou shopping plaza limited, a group holding the group of Fang Li group. The case was dismissed in the second instance and is still under trial.

Another case of Wang Jianxiu's claim to the Quartet shopping plaza health right dispute is still pending.

It is not only the problem of management of Liqun department stores, but also the major problems involved in the social ethics and the law-abiding of enterprises. The social influence of Liqun department stores is facing a great impact.

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