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Countdown 8 Days in the Window Period! How Can Offshore Trust Taxpayers Complete Their Tax Filings in Compliance?
Oct. 20, 2026, 4:12 p.m.
1613Views
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SPC Q&A Clarifies That Where an Enterprise Unable to Pay the Tax Sues Over a Penalty Decision, the Tax Treatment Decision Is Reviewed as Evidence
Oct. 20, 2026, 4:06 p.m.
1601Views
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Five Typical Cases Highlight Tax Risks under the VAT Refund-upon-Collection Policy for Comprehensive Resource Utilization?
Editor's Note:Recently, the tax authorities in Guizhou Province released five typical cases providing compliance guidance on the VAT refund-upon-collection policy for comprehensive resource utilization. Since 2025, several listed companies have also disclosed that they or their subsidiaries were required to repay previously received VAT refunds due to issues concerning the application of the relevant policy. These cases highlight the importance for comprehensive resource utilization enterprises to accurately understand and comply with the eligibility requirements for VAT refund incentives. Drawing on these typical cases and tax administration practices, this article examines the major tax risks associated with claiming such incentives and provides compliance recommendations for reference.Oct. 12, 2026, 5:12 p.m.
1961Views
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National Tax Administrative Penalty Discretion Benchmarks Refine the Rules on Fines for Tax Evasion: A First-Time Penalty Will in Principle Not Exceed One Times the Evaded Tax
Editor’s Note: On September 28, the State Taxation Administration (STA) issued the Announcement on Issuing the National Tax Administrative Penalty Discretion Benchmarks (2026 Edition) (STA Announcement No. 20 of 2026). It takes effect on November 1, 2026. Where a regional tax administrative penalty discretion benchmark is inconsistent with it, the national benchmarks prevail. Among the 66 tax administrative penalty items, the rules on fines for tax evasion deserve particular attention. This article explains and analyzes the main content of these rules for readers’ reference.Oct. 9, 2026, 4:46 p.m.
2030Views
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Analyzing Taxes Through Cases: Should the Subjective Fault of the Taxpayer Be Considered in Determining the Starting Point for Calculating Late Payment Surcharges?
Editor's Note: In Judgment (2026) Xin 01 Xing Zhong No. 73, the Urumqi Intermediate People's Court shifted the starting point for calculating late payment surcharges from the date on which the tax payment became overdue to the day following the issuance of the tax handling decision, on the grounds that the taxpayer had no subjective fault and that the tax authority's audit procedure had exceeded the statutory time limit. Where a taxpayer fails to file tax returns due to a misinterpretation of tax policies, should the late payment surcharge be calculated from the day following the expiry of the tax payment deadline, or from the day following the issuance of the tax handling decision? This directly affects the amount of late payment surcharge. This article intends to analyze and explore the above issues in light of this case.Sept. 23, 2026, 4:31 p.m.
2346Views
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Retrial Judgments by Two Provincial High Courts: Major Adverse Tax Treatment Decisions Made Without Safeguarding the Right to State and Defend Should Be Revoked
Editor's Note: In Judgment (2026) Xin 01 Xing Zhong No. 73, the Urumqi Intermediate People's Court shifted the starting point for calculating late payment surcharges from the date on which the tax payment became overdue to the day following the issuance of the tax handling decision, on the grounds that the taxpayer had no subjective fault and that the tax authority's audit procedure had exceeded the statutory time limit. Where a taxpayer fails to file tax returns due to a misinterpretation of tax policies, should the late payment surcharge be calculated from the day following the expiry of the tax payment deadline, or from the day following the issuance of the tax handling decision? This directly affects the amount of late payment surcharge. This article intends to analyze and explore the above issues in light of this case.Sept. 23, 2026, 4:24 p.m.
2370Views
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Regulatory Upgrade of Platform Tax-related Information Submission: How Platforms and Operators Can Strengthen Compliance Management
Editor's Note: In June 2025, the Provisions on the Submission of Tax-related Information by Internet Platform Enterprises (State Council Decree No. 810) officially came into effect, establishing the content of obligations and supporting liabilities for platform tax-related information submission. The Tax Collection and Administration Law of the People's Republic of China (Revised Draft for Solicitation of Opinions) proposes to further strengthen submission liabilities. Focusing on the core obligation of tax-related information submission, this article reviews the evolution of the rules, analyzes the specific methods by which tax authorities use submitted data for supervision, and proposes compliance recommendations for platform enterprises and business operators respectively.Sept. 18, 2026, 4:45 p.m.
2412Views
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Is it inevitable for an individual shareholder to have his income adjusted upward and pay additional individual income tax when transferring equity at par value to his wholly-owned subsidiary? Editor'
Editor's Note: In recent years, with the continuous development of the capital market, equity adjustments without premium within enterprises have frequently occurred to meet specific strategic or listing management requirements. As no special tax treatment policy has been introduced for equity adjustments involving individuals, transactions such as an individual shareholder transferring equity at par value often carry significant tax risks with considerable uncertainty. In such transactions, the determination of the transfer price, the justifiable reasons for a par-value transfer, and the legal consequences of an unfair pricing have always been focal points in practice for both tax authorities and taxpayers. This article takes a typical case as an entry point to analyze and evaluate the above disputes, providing suggestions for taxpayers to avoid and resolve similar controversies.Sept. 17, 2026, 1:04 p.m.
2503Views
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New Rules on VAT Withholding for Natural Persons: Practical Guidance and Tax Risk Considerations for Domestic Entities
Editor’s Note:The Administrative Measures for the Withholding and Remittance of Value-Added Tax by Domestic Entities on Behalf of Natural Persons will take effect on November 1, 2026, further clarifying the VAT withholding rules applicable to domestic entities purchasing seven categories of services from natural persons. In fulfilling their withholding obligations, domestic entities should pay particular attention to the scope of covered transactions, tax filing requirements, and other relevant matters. This article outlines the key provisions of the new rules, examines the principal issues withholding agents should consider in applying them, and offers recommendations for tax compliance.Sept. 11, 2026, 3:35 p.m.
3026Views
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State Council Executive Meeting “Approves in Principle” Draft Amendment to the Tax Collection and Administration Law—What Will Happen to the Controversial Provisions?
Editor’s Note: On August 31, 2026, the State Council Executive Meeting discussed and “approved in principle” the “Draft Amendment to the Tax Collection and Administration Law,” deciding to submit the draft to the Standing Committee of the National People’s Congress for deliberation.From the release of the draft for public comment in March 2025, through the numerous controversies and suggestions raised by various sectors of society, to the State Council’s decision to “approve in principle”—what does this phrasing imply? Have the previously controversial provisions been adopted? What stages will follow? This article will analyze the logic and direction behind this legislative process.Sept. 9, 2026, 5:23 p.m.
3133Views
