- The State Taxation Administration’s Putian Tax Bureau Investigation Bureau, in collaboration with the public security economic investigation department, uncovered a case involving five agricultural cooperatives fraudulently obtaining agricultural tax benefits and issuing false VAT invoices. The criminal group, led by Chen Junren, falsely registered and controlled these cooperatives without actual business operations, issuing 32,900 false VAT invoices worth 30.58 billion yuan. In November 2024, the tax bureau classified these invoices as false. In April 2025, the Xianyou County People’s Court sentenced eight individuals, including Chen, to prison terms ranging from 9 months to 10 years and 3 months, with fines totaling 925,000 yuan and confiscation of illegal gains amounting to 3.4332 million yuan. The tax bureau emphasized the seriousness of such violations and its commitment to enforcing tax laws and maintaining a fair tax environment.
Source: chinatax.gov.cn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "China"
- China Ends Platinum Import Tax Exemption, Imposes 13% VAT, Reshaping Global Precious Metals Market
- China Ends Platinum Import VAT Exemption, Imposes 13% Tax Starting November 1
- China Expands Tourist VAT Refund Scheme to Jilin and Inner Mongolia in 2025
- Chongqing Tax Bureau Seeks Public Comments on Draft Land Value-Added Tax Policy Announcement
- China’s Unified VAT Reform: Modernizing Tax Compliance for Domestic and Foreign Businesses
