​​​​​​​Editor's Note In 2026, China’s coal industry has entered a new stage of systematic regulation, stringent enforcement and precise supervision in the tax regulatory landscape. The rule-based and digital tax supervision system keeps improving; the eight ministries’ joint mechanism for regular crackdowns on tax-related illegal crimes has been fully implemented, and supporting tax administration policies have been refined. Longstanding illegal acts in the sector—including false invoicing, falsely listed costs, concealed income and unfair pricing in related-party transactions—are now subject to full verification. With the full rollout of Golden Tax Phase IV full-domain penetrating supervision, multi-dimensional data linkage and cross-checking have been realized for enterprise production capacity, logistics circulation, fund settlement and invoice issuance. The extensive financial and tax management model of coal enterprises can no longer adapt to the increasingly comprehensive tax administration regime, and whole-chain tax-related risks have become increasingly prominent. Based on new tax policies and typical tax-related cases, this document systematically dissects key tax risk points across core business links of the coal industry, and provides professional practical guidance for coal business entities to prevent tax risks and standardize financial and tax management.

Editor's Note: Starting June 1, 2026, ten revised tax enforcement documents for inspections issued under Announcement No. 10 of 2026 by the State Administration of Taxation (SAT) will officially take effect. Following the 2024 amendments that aligned with the revised Administrative Reconsideration Law, this marks another significant update to the tax enforcement document system—advancing the standardization and normalization of tax inspection enforcement and adapting to new requirements for administrative inspections. Unlike the 2024 revision, this round focuses specifically on inspection-type documents. This article analyzes the key changes and highlights from the perspective of tax attorneys, and identifies critical practical considerations for businesses.

Editor's Note:Recently, many Chinese tax residents have received pop-up notifications on their Individual Income Tax (IIT) APP. The tax authorities, through big data analysis, identified that they may have derived income from outside China during the selected tax year and reminded them to declare foreign-sourced income in accordance with the law when handling the comprehensive income final settlement. This pop-up notification has once again sparked widespread attention among Chinese tax residents regarding the Common Reporting Standard (CRS). In view of this, this article starts by observing the collection and management environment for foreign-sourced income, sorts out the evolution process and latest implementation progress of CRS, with a view to providing useful suggestions for tax compliance of Chinese tax residents.

Editor's Note: Recently, A-share listed companies have intensively disclosed tax repayment announcements, drawing high attention from the capital market. According to incomplete statistics, as of the end of April, nearly 60 listed companies had issued tax repayment announcements with a total tax repayment amount exceeding 3.5 billion yuan. The concentrated tax repayment by listed companies is not an isolated occasional tax-related incident, but a combined outcome of the implementation of new tax collection and administration policies, intensified normalized supervision, and accumulated historical tax-related risks of enterprises. Based on the public tax repayment announcements of listed companies, this paper analyzes from four dimensions: typical case studies, tax supervision environment, main manifestations of tax-related risks, and tax compliance management suggestions, to provide references for all market participants to strengthen tax compliance management.

Editor's Note：The renewable resources industry serves as the core pillar of the circular economy system and a strategic industry for advancing green and low-carbon development, ensuring the supply of strategic resources, and promoting the achievement of the "dual carbon" goals. With the in-depth development of the national unified market and the comprehensive upgrading of digitalized and intelligent tax collection and administration, the renewable resources industry is in a critical period of transformation from extensive expansion to compliance-oriented survival. Covering the entire chain of waste materials recycling, sorting, processing, and comprehensive utilization, the industry connects a large number of scattered natural individual suppliers and various waste-generating enterprises upstream, and manufacturing, construction, metallurgy, chemical and other real industries downstream, acting as a vital hub linking production and consumption to realize resource recycling. Affected by the inherent characteristics of the industry—scattered upstream entities and non-invoiced collection of recycling business—the lack of input invoices and excessively high comprehensive tax burden have long been prominent pain points restricting industrial development. Coupled with the superimposed supervision of the joint normalized crackdown on tax-related crimes by eight departments and the liquidation of illegal local fiscal rebates, tax-related risks such as false invoicing, income concealment, split income to illegally enjoy preferential treatment, and illegal access to fiscal incentives have erupted intensively. Combining typical tax-related cases of the industry and current tax collection and administration policies, this paper systematically analyzes the common tax dilemmas and potential risks of the renewable resources industry, and provides practical suggestions for enterprises in the industry to prevent and control tax-related risks.

Editor's Note: In recent years, China has continuously strengthened the levy and supervision of consumption tax in the refined oil products sector. Audit authorities, exercising their statutory powers during audits of tax collection conducted by tax authorities at all levels, have also been intensifying their audits of refined oil products consumption tax. They conduct extended audit investigations of key enterprises and transfer tax administration clues to tax departments in the form of audit reports, urging tax departments to strengthen tax supervision and tax inspection. In practice, questions arise as to whether audit reports and audit opinions issued by audit authorities can directly serve as the law-enforcement basis for tax departments to recover and collect taxes, whether investigated enterprises have corresponding relief channels and rights, and how they should respond to related audit risks. This article provides a brief analysis of these issues.

Editor’s Note: In the chain-based collection and administration system of value-added tax (VAT), the right to deduct input VAT is one of the most fundamental tax rights of buyer enterprises. In practice, however, some seller enterprises fail to fulfill their tax declaration obligations after issuing special VAT invoices and subsequently flee and become untraceable. The invoices they issued are classified as abnormal VAT deduction vouchers by tax authorities, forcing buyer enterprises to transfer out the input VAT they have lawfully deducted and suffer corresponding tax losses. This paper takes the case of (2019) Zhejiang 01 Civil Final Appeal No. 6876 as an entry point for analysis, so as to provide practical references for enterprises trapped in similar dilemmas.

On April 17, the State Taxation Administration publicly exposed eight tax evasion cases involving consumption tax investigated and handled by local tax authorities in recent years, six of which involved consumption tax evasion in the retail of gold jewelry. This sends a clear signal that the state is strengthening supervision over the gold jewelry industry and the consumption tax. In addition to consumption tax, the gold jewelry retail industry also faces significant tax risks in invoice management. This article analyzes the tax risks and preventive measures in respect of consumption tax on gold jewelry retail and invoice management for readers’ reference.