Editor's Note: The policy of "reverse invoicing" has been implemented for more than a year. According to the latest statistics of State Taxation Administration of The People's Republic of China, by the end of June this year, there were 13,300 resource recycling enterprises "reverse invoicing" to 1.67 million natural persons, with an invoicing amount of 515.2 billion yuan and 5.11 million copies. The policy of "reverse invoicing" provides a solution to the problem of missing the first invoice in the renewable resources industry. Before the introduction of "reverse invoicing", most resource recycling enterprises accounted for the income tax deduction with self-made vouchers. Recently, some local tax authorities require enterprises to adjust the tax payment for the self-made voucher business in the past, or require enterprises to adjust the income tax in full, or check it with the taxable income rate, and even characterize the invoices issued by enterprises as abnormal vouchers because they have not paid the income tax on the self-made vouchers, which has an impact on the input deduction of all downstream links. Based on the provisions of the tax law and the actual situation of the industry, this paper discusses the self-made vouchers of resource recycling enterprises before the implementation of "reverse invoicing" for readers' reference.

Editor's Note: Recently, the Ministry of Finance and the State Taxation Administration released the "Implementation Regulations of the Value-Added Tax Law (Draft for Comments)" and solicited public opinions. The formulation of the Implementation Regulations of the Value-Added Tax Law is of great significance to the new "Value-Added Tax Law" which will come into force on January 1, 2026, as it will establish a new, complementary and interconnected value-added tax system. The currently published Draft for Comments on the Implementation Regulations generally retains the existing specific value-added tax rules but also contains many important changes. This article will focus on analyzing these nine important changes in the Draft for Comments, aiming to help taxpayers understand the situation and impact of these policy adjustments and attach importance to value-added tax compliance.

Editor's note: Recently, the refined oil industry has ushered in the new regulations "Management Measures for the Circulation of Refined Oil". The release of the new regulations also means that the tax compliance of the refined oil industry is facing new challenges. The new regulations put forward clear requirements for the admission and exit of operators in the refined oil industry, the construction of the industry's big data system, and the ledger system. Based on this, this article will analyze the tax impact of the new regulations on the refined oil industry by combining tax cases in the refined oil industry and relevant policy documents.

Editor's Note: Against the backdrop of building a unified national market, policies like fiscal rebates have been explicitly prohibited and gradually phased out, impacting the online freight industry which relied on such policy benefits. Coupled with the introduction of internet platform information reporting requirements, platforms now face higher compliance costs to adapt. Additionally, specialized campaigns targeting "illegal fuel stations" have severely hit platforms relying on non-compliant fuel invoices for VAT input deductions. Many online freight platforms face existential challenges, with some raising commission rates to offset rising operational and tax compliance costs. Facing these changes, what key tax compliance points should online freight platforms prioritize? This article provides a brief discussion.

Editor's Note: Recently, the State Taxation Administration Xinjiang Uygur Autonomous Region Tax Bureau issued the Announcement on Clarifying Issues Related to Land Value-Added Tax (2025 No. 2), which clearly stipulates core issues such as the land value-added tax liquidation unit, the time for collecting revenue and costs, and the method for allocating costs and expenses, responding to many disputes in practice. Previously, Xinjiang implemented the Announcement on Clarifying Issues Related to Land Value-Added Tax (2016 No. 6). The new regulation comes nine years after the old one, and the changes deserve close attention from real estate development enterprises. Combining with the practice of land value-added tax collection and management, the author selects seven key points in the new regulation for interpretation, for readers' reference.

Editor's note: In practice, due to the inability of network anchors to issue invoices to network live streaming companies (MCN companies), some MCN companies use consumer recharge information on live streaming platforms to offset the corresponding tax burden costs. Obtain special VAT invoices for the sales of virtual goods and services from the live streaming platform for input deduction. This article will analyze the tax risks and legal responsibilities of MCN companies and live streaming platforms based on specific cases.

Editor's note: In practice, due to the inability of network anchors to issue invoices to network live streaming companies (MCN companies), some MCN companies use consumer recharge information on live streaming platforms to offset the corresponding tax burden costs. Obtain special VAT invoices for the sales of virtual goods and services from the live streaming platform for input deduction. This article will analyze the tax risks and legal responsibilities of MCN companies and live streaming platforms based on specific cases.

Editor's Note: In December 2018, the Ministry of Natural Resources issued the Letter on Policies Concerning the Compensated Recovery of Idle Land Due to Government Reasons through Agreement (Ziranzi Banhan [2018] No. 1903), which clarifies that when grassroots governments, in accordance with the Measures for the Disposal of Idle Land, investigate and confirm that land is idle due to government reasons and decide to recover it with compensation, they shall follow the principles of consensus through consultation and reasonable compensation, and require that the compensation amount be determined by both parties through joint consultation with reference to market prices. Since then, the compensation standards for the recovery of idle land due to government reasons nationwide have no longer been limited to the land bidding costs but generally follow market premium compensation. This raises a tax administration issue: whether the land compensation received when land, idle due to government reasons, is recovered by the land reserve center at market prices can be exempt from Land Value Increment Tax. This article analyzes this issue.