Reported before the listing of Sima garments suspected of tax evasion 3 billion

Semir apparel IPO will evade 3 billion tax on the day

When the "black widow" Scarlett Johansson wore a "Summer" appeared in the Hollywood blockbuster "Iron Man 2", the Semir brand made people's attention. Today, Summa costumes will ring the door of the capital market. If it succeeds, Summa will once again usher in a wealthy feast. However, on the eve of the meeting, reporters received reports from insiders that they were involved in more than 3 billion tax evasion from 2003 to 2009. At present, there are 12 taxation agencies in the country that are currently conducting investigations.

Listed on the eve of listing

On the evening of January 20, the China Securities Regulatory Commission announced that the issuing committee of the China Securities Regulatory Commission will convene a working meeting on January 24 to review the initial application of Zhejiang Senma Fashion Co., Ltd. (hereinafter referred to as "Summa Apparel").

However, on the eve of today’s meeting, a letter concerning Soma’s costumes involving the evasion of huge taxes was sent to reporters. “There is a serious problem of evasion of state taxes on Summa apparel,” a self-proclaimed “strong” report. The reporter broke news on January 22 to reporters.

Summa Garments mainly designs and develops garments, outsources production, and marketing and distribution of apparel. Its main brands are “Summer” and “Balala Balala”. According to the disclosure of the prospectus, this Summa apparel Summa apparel plans to issue 70 million shares, accounting for 10.44% of the total share capital after the issuance, a total of 2.056 billion yuan is expected to raise funds, investment in marketing network construction and information construction projects.

According to the introduction of the Semir apparel prospectus, the company achieved operating income of 1.822 billion yuan, 3.322 billion yuan and 4.25 billion yuan in 2007-2009, respectively; the net profits attributable to owners of the parent company were 150 million yuan and 443 million yuan respectively. 696 million yuan.

Firmly stated that from the information of its suppliers, sales data and production costs of Semima Terminals and Balabala terminal stores, between 2003 and 2009, there were export and terminal retail data and actual data externally declared by Semima Garments and Semirgroup. Huge access.

It is reported that Senma clothing formerly known as Wenzhou Senma children's clothing, was established in February 5, 2002. On July 2, 2007, the overall change was established as a company limited by shares. At the end of 2008, Semir Garments undertook an internal asset restructuring and acquired the Semir brand casual apparel business from the controlling shareholder Semigroup and the actual controller Chiu Kwong Ho. The principal business of the Semir group was acquired into Senma.

"A large number of companies in the wholesale sector take unpaid cash payments, etc., to purchase garments from suppliers. Corresponding wholesale revenues are not accounted for; sales revenues and costs are not accounted for in the retail terminal, and large-scale evading with their affiliated companies and stores has occurred. "Value-added tax and income tax," said strong.

12 tax departments involved in the investigation

"I have reported to the State Administration of Taxation, local taxation agencies, the Zhejiang Securities Regulatory Bureau, the relevant departments of the China Securities Regulatory Commission, and the discipline inspection commissions at all levels. All aspects of the investigation are still underway," he said.

Strongly provided reporters with a reply letter from 12 tax authorities after receiving the report. The reporter noticed that the 12 taxation departments include the national tax of Jiangxi, Hebei, Chongqing, Guizhou, Ningxia, Hainan, Guangxi, Tianjin, Zhejiang and Huizhou. The bureau also has local tax bureaus in Shanxi and Shandong provinces.

According to the disclosure of the prospectus, during the reporting period, the number of stores in Summa apparel reached 5,809, 5,159, 4,060 and 2,903 stores respectively, and the cities in which the above 12 taxation offices are located are the locations of Summa apparel shops.

The reporter noted that in the replies of the above 12 taxation departments, they all indicated that the reporting materials had been received and they attached great importance to it. They are in charge of the investigation according to the jurisdiction's scope and procedures.

Among them, the Chongqing Municipal State Taxation Bureau replied in its reply dated January 4, 2010 that “according to the reporting procedure, internal processing is being carried out. At present, the contents of the report have been submitted to the Ministry of National Taxation of the city for review and approval, and the report center has handed over to the city’s auditors. Inspection Bureau organizes city-wide inspections."

"Currently, the reporting center and inspection staff of the Inspection Bureau of the city are conducting preliminary investigations on the inspection of the case. The collection of data and the pre-study and deployment of the inspection plan will require a certain amount of time for careful arrangement because it involves the city-wide inspection bureau. "The Chongqing State Taxation Bureau stated in its reply letter.