[Legal Updates] Submit Comments on Revised Tax Regulations

2025. 4. 25

The State Taxation Administration and the Ministry of Finance have initiated a public consultation regarding the "Tax Collection and Administration Law (Draft Amendment)." The deadline for submitting feedback is April 27, 2025.

The " Draft Amendment " comprises a total of 106 articles, maintaining the basic framework of the current Tax Collection and Administration Law while introducing 16 new articles, deleting 4 articles, and amending 69 articles. The amendments primarily focus on general provisions, tax administration, tax collection, tax inspection, and legal liabilities, among other areas.

Tax Collection

• Expands the scope of related-party transactions to include transactions between enterprises and enterprises, enterprises and individuals, and individuals and individuals, while adding general anti-avoidance provisions.
• Changes the term "surcharge for overdue tax payment" in the Tax Collection and Administration Law to "late tax payment fee".

Legal Liabilities

• Introduces new provisions classifying certain illegal acts need to bear the legal liabilities.
• Replaces the term "tax evasion" with "tax avoidance" and enumerates specific examples of false tax declarations and non-filing.
• Strengthens the maximum penalties for illegal acts such as issuing false invoices and damaging tax administration equipment.
  
  
  
  Source:
  https://www.chinatax.gov.cn/chinatax/n810356/n810961/c5239263/content.html