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According to Chinese media statistics, more than 20 provinces have established "Police-Tax Combined Operations Centers" to combat tax-related illegal activities. In particular, Weiwei Group needs to pay back taxes from as far back as 30 years ago, leading to widespread online speculation that the Chinese government intends to "investigate 30 years of corporate taxes."
Is the "30-Year Retroactive Investigation" real or fake? Are these measures by the tax system legal? Why has there suddenly been a crackdown on corporate taxes in China? What is really happening with the Chinese economy?
Follow the State of Play in China English channel at: [youtube.com/@StateofPlayinChi...] for insightful content.
#Wang Zhi'an #Weiwei Group #Tax Repayment #30-Year Investigation #Police-Tax Cooperation #Operations Command Center #Unconstitutional #Fiscal Revenue #Economic Downturn