- Tax authorities and police in Loudi, Hunan, investigated Lianyuan Loulian Financial Management Co., Ltd. and its controller Xie Jiuhua for colluding with tax officials to issue fraudulent VAT invoices.
- From 2021 to 2023, Xie Jiuhua and six others, with tax official Tang Xiangcheng, used others’ identities to set up 29 shell companies and issued 504 fake VAT invoices totaling 260 million yuan to Wuhan Ruiqi Bioengineering Co., Ltd.
- In September 2025, prosecutors confiscated 9.55 million yuan in illegal gains from the seven suspects and initiated criminal proceedings against Tang Xiangcheng and others.
- The tax department blacklisted the company and Xie Jiuhua as untrustworthy tax service entities and launched an investigation into Wuhan Ruiqi Bioengineering Co., Ltd.
- Authorities emphasized the need for tax service agencies to operate legally and vowed to strictly punish tax-related violations to protect market order and tax security.
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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