Analysis: Chinese cities desperate for cash are chasing companies for taxes — some from the 1990s | CNN Business

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Hong Kong CNN  — 

Authorities in cash-strapped Chinese cities are chasing companies for taxes dating back years, and in some cases decades, as they try to plug a hole blown in their finances by the real estate crisis.

At least eight major listed companies in China have disclosed that they’ve received demands to pay historical taxes, in one case going as far back

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