On the 28th, Hu Jinglin, director of the State Administration of Taxation, said at a press conference on the theme of the “Getting Started” series that since this year, the tax authorities have resolutely rectified the “invoicing economy” and the tax-related issues of illegal investment promotion, and stepped up service for the construction of a unified national market. While squeezing out the “moisture” of invoicing, it has pushed all provinces and cities to abolish or amend 833 tax-related documents or agreement clauses relating to illegal investment promotion, etc., to relocate nearly 160,000 enterprises registered from other places of business to enjoy some irregular rewards and other reasons. Tax payments increased 16% year over year in the first half of this year after the move back.

On the 28th, Hu Jinglin, director of the State Administration of Taxation, said at a press conference on the theme of the “Getting Started” series that since this year, the tax authorities have resolutely rectified the “invoicing economy” and the tax-related issues of illegal investment promotion, and stepped up service for the construction of a unified national market. While squeezing out the “moisture” of invoicing, it has pushed all provinces and cities to abolish or amend 833 tax-related documents or agreement clauses relating to illegal investment promotion, etc., to relocate nearly 160,000 enterprises registered from other places of business to enjoy some irregular rewards and other reasons. Tax payments increased 16% year over year in the first half of this year after the move back.