- Tianjin tax authorities and police investigated Tianjin Changze Financial Management Co., Ltd. and its controller Zhang Fengmei for issuing fraudulent VAT invoices.
- From 2016 to 2024, Zhang Fengmei used 49 shell companies to issue 2,643 ordinary VAT invoices (1.6 billion yuan) and 2,331 special VAT invoices (1.3 billion yuan).
- In August 2025, the company and Zhang Fengmei were placed under key supervision, and over 270 downstream companies were investigated, recovering over 30 million yuan in taxes.
- The case has been transferred to the procuratorate for prosecution.
- Authorities emphasized strict regulation of tax service agencies and a commitment to maintaining a fair business 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.
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