M&T Newsletters

Minter PKU: Remedies of stop invoicing by Tax department

Minter PKU: Remedies of stop invoicing by Tax department     Download

Invoice is a proof of payment that is an integral part of daily business activities. “Implementation Measures to invoice management of People's Republic of China" regulates that the taxpayer has a legitimate right to use invoices; Tax department, as the management department of invoice, has the legal responsibility to provide invoice to taxpayer.
If the taxpayer is confiscated or stopped invoicing by the tax department, the taxpayer will unable to carry out business activities and will suffer huge losses. Therefore, strict management of the tax related and invoices related risks and appropriate strategies when subjected to penalties are important for the taxpayer. This article focuses on discussing the character of punishment for tax department stops invoicing, the implementation process and the possible ways for taxpayer when suffering punishment can take.
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