Anonymous ID: ce3ba1 July 30, 2019, 1:47 p.m. No.7263717   🗄️.is 🔗kun

Here's another money scheme from the land of "things no company in their right mind would do"

 

Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric-vehicle factory on the outskirts of Shanghai.

 

Under the terms of the lease with the Shanghai government, Tesla must start generating the annual tax revenues at the end of 2023 – or hand the land back, the company’s latest quarterly filing shows.

 

https://www.bloomberg.com/news/articles/2019-07-30/tesla-to-pay-china-323-million-in-annual-tax-for-shanghai-site