China cracks down on unlawful use of tax invoices

Posted by Li Wei on January 27, 2010 under Anti-Avoidance, China Tax, Tax Controversy | Be the First to Comment

In 2009, 13803 cases of fraudulent use of tax invoices were uncovered by public security departments throughout China. As a result, the Chinese government collected RMB1.226 billion in additional tax and a further RMB233 million in fines.