Announcement of the State Administration of Taxation on Issues Relating to the Adjustment of the Management Measures for the Preferential VAT Policy of Refund upon Collection
Announcement of the State Administration of Taxation on Issues Relating to the Adjustment of the Management Measures for the Preferential VAT Policy of Refund upon Collection
Announcement of the State Administration of Taxation on Issues Relating to the Adjustment of the Management Measures for the Preferential VAT Policy of Refund upon Collection
Announcement of the State Administration of Taxation [2011] No. 60
November 14, 2011
In order to speed up tax refunds, enhance efficiency in the utilization of tax paid by taxpayers and support the development of enterprises, the State Administration of Taxation has decided to adjust the management measures of assessment before refund taken for enterprises entitled to the preferential VAT policy of refund upon collection. Relevant issues are hereby announced as follows:
I.The management measures for the preferential VAT policy of refund upon collection shall be changed from assessment before refund to refund before assessment.
II.The competent tax authorities shall further strengthen the management of matters after the refund of VAT for enterprises entitled to the preferential VAT policy of refund upon collection and conduct periodic tax assessments according to the following indicators:
1.
......
Announcement of the State Administration of Taxation [2011] No. 60
November 14, 2011
In order to speed up tax refunds, enhance efficiency in the utilization of tax paid by taxpayers and support the development of enterprises, the State Administration of Taxation has decided to adjust the management measures of assessment before refund taken for enterprises entitled to the preferential VAT policy of refund upon collection. Relevant issues are hereby announced as follows:
I.The management measures for the preferential VAT policy of refund upon collection shall be changed from assessment before refund to refund before assessment.
II.The competent tax authorities shall further strengthen the management of matters after the refund of VAT for enterprises entitled to the preferential VAT policy of refund upon collection and conduct periodic tax assessments according to the following indicators:
1.
......