Core Viewpoint - The Shenzhen Kingsda Applied Materials Co., Ltd. has been found guilty of tax evasion through fraudulent reporting of research and development expenses, specifically by falsely listing expenditures on gold materials, leading to significant tax benefits that were not justified [4][5]. Group 1: Tax Evasion Case - The Shenzhen Taxation Bureau discovered that Shenzhen Kingsda reported over 80 million yuan in gold expenditures as part of its R&D costs, which lacked corresponding production outputs or waste recovery records [4]. - The company claimed that the gold was lost during the purification process, but investigations revealed that the actual loss was minimal and the company could not provide credible evidence to support its claims [4]. - A total of 17 R&D projects were identified where the company falsely reported gold material expenditures, resulting in an underpayment of corporate income tax amounting to 16.21 million yuan [4]. Group 2: Penalties and Company Background - The tax authorities classified Shenzhen Kingsda's actions as tax evasion, leading to a total penalty of 36.18 million yuan, which includes tax recovery, late fees, and fines [5]. - Shenzhen Kingsda was established in 2016 with a registered capital of 50 million yuan, focusing on the production of materials for integrated circuits and semiconductor devices [6]. - The company has a history of tax issues, with previous announcements indicating tax arrears exceeding 23 million yuan [6].