BEIJING (Reuters) – Beijing Jianhua Land Co, a subsidiary of Soho China Ltd, was fined 709 million yuan ($111.10 million) by the city of Beijing for evading 198 million yuan in taxes, according to a statement on the Beijing tax bureau’s website on Friday.
($1 = 6.3815 Chinese yuan renminbi)
(Reporting by Ryan Woo and Ella Cao; editing by Jason Neely)
