China launches two-month probe into abuses of new tax rules

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

BEIJING (REUTERS) - China's tax authority has launched a two-month investigation into tax-related third-party service providers to ensure companies do not incur additional costs as Beijing presses for tax reforms and fee cuts.. Read more at straitstimes.com.

BEIJING - China's tax authority has launched a two-month investigation into tax-related third-party service providers to ensure companies do not incur additional costs as Beijing presses for tax reforms and fee cuts.

The inspections of tax-related service companies and agencies will be carried out across the country until May 31, state news agency Xinhua said on Sunday , citing a statement by the State Taxation Administration. Tax officials at any level who are found to have colluded with third-party agencies suspected of wrongdoing will be removed from their posts and handed over to judicial authorities, the statement said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China bans imports from second Canadian canola companyBEIJING: China has banned imports from a second Canadian canola firm, its customs administration said on Tuesday (Mar 26), the latest escalation ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »