Beijingbased cryptocurrency mining firm bitmain, ChineseHe was fined $3.7 million for violating tax regulations in Turkey.
local news agency Sinai FinanceAccording to the news of April 11 Bitmain Technologies, State Tax Administration Beijing Municipal Office punished by tax. In the news, ChineseReferring to the details from Qichacha, the data register of private and public companies, the competent authority bitmainIt was stated that it fined about 25 million Chinese yuan to .
Bitmain Receives Notice of Tax Violations
bitmainwas penalized for allegedly failing to pay personal income taxes in accordance with Chinese tax collection administration laws.
in the statement bitmain Reference was made to specific violations of taxes on income from employees’ salaries, bonuses, labor dividends and allowances. The tax office also announced that tax inspectors will be released in August 2022. bitmain He also underlined that he had sent a notification to . Bitmain’s Beijing unit has so far not paid personal income taxes totaling 16.6 million yuan.
2013 Founded in 2007, Bitmain is one of the largest crypto mining companies in the world, known for producing hardware and solutions specific to crypto mining. Company, ChineseAfter crypto bans enforced by the government October 2021It had to cease its activities in China.
September 2022 In 2017, Bitmain founder Jihan Wu created a $250 million fund to support the mining industry, which has been affected by the protracted crypto winter. wu, 2021After leaving Bitmain in bitmaina subsidiary of Bitdeerhe founded.
