# China Tax Compliance

Aier Eye Hospital’s $72 Million Tax Settlement: A Costly Prelude to Global Ambitions

China’s Aier Eye Hospital has settled 524 million RMB in back taxes and penalties, a move aimed at clearing regulatory skeletons ahead of a planned Hong Kong IPO. Despite its first profit decline since 2009, the company is doubling down on international expansion to offset slowing growth in its domestic Chinese operations.