China News Service, Beijing, November 19 (Reporter Zhao Jianhua) The State Administration of Taxation issued an announcement on the 19th to expand the scope of tax credit restoration and support the restoration of tax credit of bankrupt and reorganized enterprises.
Starting from January 1, 2022, taxpayers who meet one of the following conditions may apply to the competent tax authority for tax credit restoration:
One is that the bankrupt enterprise or its administrator has paid taxes, late fees, fines, and corrected relevant tax credit breaches during the reorganization or reconciliation process.
Second, because it was determined to be a major tax violation and untrustworthy entity, the taxpayer credit was directly judged as a taxpayer with D level. The information of the untrustworthy entity has been refused or stopped publishing in accordance with the relevant regulations of the State Administration of Taxation, and no new tax credit has been added for 12 consecutive months before the application. Recorded dishonesty.
Third, the taxpayer who is directly responsible for the taxpayer's credit rating D is registered or responsible for the operation, and the taxpayer who has a tax credit association evaluation of D, has no new tax credit untrustworthy record for 6 consecutive months before the application.
Fourth, taxpayers whose tax credit is directly judged as Class D due to other untrustworthy behaviors have corrected their tax credit untrustworthy behaviors, performed tax legal responsibilities, and have not added any new records of tax credit untrustworthy behaviors for 12 consecutive months before the application.
Fifth, taxpayers whose tax credit was directly judged to be D-level in the previous year and whose tax credit was retained as D-level this year have corrected their untrustworthy behavior in tax payment, fulfilled taxation legal responsibilities, or the information of untrustworthy entities has not been released in accordance with the relevant regulations of the State Administration of Taxation Or stop the publication, and there is no new record of tax credit untrustworthiness for 12 consecutive months before the application.
Prior to this, the State Administration of Taxation issued an announcement in 2019 to encourage and guide taxpayers to increase their awareness of tax payment in accordance with the law, take the initiative to correct untrustworthy tax payments, and restore credit losses in a timely manner.
On this basis, the State Administration of Taxation has continued to expand the scope of tax credit restoration, increase support for tax credit restoration of bankrupt and reorganized enterprises, and effectively link tax credit evaluation with the system of “no penalty for the first violation”.
Starting from the 2021 tax credit evaluation, if the tax authority does not impose administrative penalties on the taxpayer in accordance with the relevant provisions of "No Penalty for the First Violation", the relevant records will not be included in the tax credit evaluation.
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