In 2019, after setting up physical entities of large business tax service and administration organizations at provincial and municipal levels around the country, the STA continued to improve the quality of large business tax service, risk management and economic analysis. It focused on the development of work mechanism, information technology and institutional regulation, fully advancing the modernization of large business tax service and administration.
Strengthening Data Management and IT Support
The STA improved its large business tax service and administration platform by facilitating effective interaction between the large business platform at STA level and at provincial levels. It laid a solid foundation of data by updating the information of National Thousand Enterprise Group, improving the methods of collecting digital financial data and streamlining the scope of collection. In addition, it accelerated the development of National Thousand Enterprise Group Indicator System 3.0 and built up a framework of indicator system 4.0, aiming at speeding
up the construction of large business tax management supported by information technologies.
Improving the Quality of Risk Analysis and Response
The STA continuously improved the mechanism of risk analysis by carrying out data analysis of all taxes of all members of National Thousand Enterprise Groups. It focused on the analysis and treatment of major issues and consistently increase the accuracy of risk analysis and treatment in purpose of preventing from systematic tax risks.
Upgrading Large Business Taxpayer Services
The STA made efforts to ensure tax cuts and fee reduction policies well implemented by National Thousand Enterprise Groups. More than 260 new and renewed Tax Compliance Cooperation Agreements were signed by large business group. More than 3000 tax-related problems of National Thousand Enterprise Groups were fast responded and more than 20 major cross-regional tax-related issues were addressed, which has greatly enhancing the tax environment and the satisfaction of taxpayers.
Continuously Making the Brand of Economic Analysis
Focusing on key issues and hot spots in economic and taxation areas, the STA strengthened the communication and cooperation between the tax administration and other sectors to expand the channels of data and intensify comparison analysis of issues in different countries, regional economic developments as well as economic operation.