Brief Introduction on China’s Tax Inspection
Q: |
Who are the subjects of tax inspection? |
A: |
In general terms, there are 4 methods to identify the subject of tax inspection:
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Q: |
Who will proceed tax inspection? |
A: |
Only the tax inspectors with inspection permit can proceed tax inspection.
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Q: |
When the inspection will be conducted? |
A: |
Usually the inspection will be proceeded from May to December every year, not a fixed date. However, the inspection may be conducted in anytime if enterprises have below problems:
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Q: |
How do tax authorities conduct inspection? |
A: |
The inspectors perform duties through on-site check, inquiry, taking away original documents, checking accounting vouchers and blank/original invoices, investigating electronic information system and bank accounts, etc.
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Q: |
How can enterprises cope with the inspection? |
A: |
Enterprises shall comply with China’s tax law and improve risk management for long development.
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