Jiangsu Releases Circular on Collective Acceptance of Taxpayers under VAT Reform

November 14, 2012 Posted by China Briefing Reading Time: 3 minutes

Nov. 14 – Jiangsu’s Provincial Office of the State Administration of Taxation (SAT) released the “Circular on the Collective Acceptance of Taxpayers in the Pilot Collection of Value-Added Tax (VAT) in Lieu of Business Tax (suguoshuifa [2012] No. 161, hereinafter referred to as the ‘Circular’)” on November 7, aiming to promote the smooth implementation of the VAT pilot collection in the province and effectively reduce the burdens of taxpayers.

According to the Circular, the “one-time inspection, collective acceptance” principle is applicable to the investigation matters of pilot taxpayers transferred by local taxation bureaus and collectively accepted by the state tax authorities, including:

Entity taxpayers under separate or joint jurisdiction
Individually-owned businesses under separate or joint jurisdiction who pay taxes based on their revenue in account books
Individually-owned businesses under separate or joint jurisdiction paying fixed taxes regularly

For the purpose of conducting the “one-time inspection,” all the contents that need to be investigated shall be shown in the “Investigation and Confirmation Form of Taxpayers in the Pilot Collection of Value-Added Tax in Lieu of Business Tax,” and the information required from different types of taxpayers is shown in the Annex below.

Annex: Pilot Taxpayers

Entity taxpayers under separate jurisdictions

Information required:

Initial tax registration information
Deposit account information
Tax identification information
Identification information of general taxpayer application
Qualification information for issuing invoices
Tax preference and other record-filing information
Export rebate information
Other relevant information

Entity taxpayers under joint jurisdiction

Information required:

Initial tax registration information
Identification information of general taxpayer application
Qualification information for issuing invoices
Tax preference and other record-filing information
Export rebate information
Other relevant information

Individually-owned businesses under separate jurisdictions who pay tax based on their account books

Information required:

Initial tax registration information
Deposit account information
Tax identification information
Qualification information for issuing invoices
Tax preference and other record-filing information
Export rebate information
Other relevant information

Individually-owned businesses under joint jurisdictions pay tax based on their account books

Information required:

Initial tax registration information
Tax identification information
Qualification information for issuing invoices
Identification information for general taxpayer applications
Tax preferences and other record-filing information
Export rebate information
Other relevant information

Individually-owned businesses under separate jurisdictions paying fixed tax regularly

Information required:

Initial tax registration information
Deposit account information
Tax identification information
Qualification information for issuing invoices
Fixed tax information

Individually-owned businesses under joint jurisdictions paying fixed tax regularly

Information required:

Deposit account information
Tax identification information
Qualification information for issuing invoices
Fixed tax information

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