PDD(US:PDD) Jing Ji Guan Cha Wang·2026-01-21 09:13Group 1 - Shanghai Xunmeng Information Technology Co., Ltd. (operating entity of Pinduoduo) was fined 100,000 yuan for failing to report tax-related information as required by the "Regulations on Reporting Tax Information by Internet Platform Enterprises" [2] - The tax authority issued a correction order in November 2025, but Pinduoduo did not comply within the specified timeframe, leading to the fine [2] - If similar issues arise again, Pinduoduo may face more severe penalties, including a business suspension and fines ranging from 100,000 to 500,000 yuan [2] Group 2 - The State Administration of Taxation clarified that failure to report tax information on time or providing false information will be recognized as a violation, with severe cases leading to business suspension [3] - Experts emphasize the importance of compliance with tax reporting obligations for internet platform enterprises to avoid legal risks and potential heavy penalties [3] - The implementation of the "Regulations on Reporting Tax Information by Internet Platform Enterprises" is part of a broader effort to enhance regulatory oversight of the platform economy [3] Group 3 - As of November 2025, over 7,000 domestic and foreign platforms have actively fulfilled their tax reporting obligations [4] - Some platform operators reported income significantly lower than the platform's reported income, prompting tax authorities to issue reminders [4] - A minority of platform operators engaged in online sales without proper market entity registration, indicating ongoing tax compliance issues [5]