The price of accountant, tax accountant and asset evaluation services is liberated

　　On December 2 and 17, National Development and Reform Commission distributed respectively notices, requiring local government to liberate the extended service charge for railway transportation of both people and goods, postal exchanged service charge, and the price of nine types of goods and services such as the price of accountant, tax accountant and asset evaluation services, real-estate agency services, property services of non-indemnificatory houses, parking services at residential communities, and part of the lawyer services.

　　The Chinese Institute of Certified Public Accountants collects opinions on solving thedifficult problem of banking external confirmations

　　The contact between enterprises and banks is becoming increasingly complicated. The original confirmation requests cannot cover the new businesses. Moreover, some problems affect the quality and efficiency in the process of implementation, not only increasing auditing risks, but also enabling some risks to possibly directly or indirectly be transmitted to the financial system.

　　The draft revision of Tax Collection Administration Law publicly solicits opinions

　　The biggest change is the perfection of protective provisions for taxpayers’ rights and interests and the addition of the chapter on tax amount confirmation.

　　The authorization of tax establishment by the State Council is planned to be no more than five years

　　There is still a huge gap between China’s tax legal system and tax collection law in a strict sense. In the existing 18 tax categories, only three laws, Individual Income Tax Law,Corporate Income Tax Law and Motor Vehicle and Vessel Tax Law are used to identify tax categories and most of the tax collections are regulated by executive regulations, rules and normative documents. On December 22, the second review of the draft amendment to the Legislative Law has further refined the basic tax collection system in the exclusive legislative power and stipulated that the basic tax system concerning tax categories, taxpayers, objects of taxation, taxation basis, tax rate and tax collection administration can only be prescribed by law.

　　The State Administration of Taxation promotes “Integration of Three Certificates”

　　Taxpayers originally need the three certificates of business license, organization code certificate and tax registration certificate at Department of Industry and Commerce, Quality Supervision Department and Tax Department respectively. After the reform, they only need to get one certificate at one window and the “Integration of Three Certificates” is achieved.