China intensifies tax scrutiny of closed businesses amid economic, fiscal pressures
Beijing, Sept. 14 -- Reports emerging from several parts of China suggest that tax authorities are reinstating tax registrations and examining the financial records of businesses that have already closed, as regime authorities step up tax collection efforts amid increasing economic and fiscal pressures, according to a report by The Epoch Times (TET).
Recently circulated videos on Chinese social media platforms, including WeChat and Douyin, suggest that tax inspections, which had previously concentrated on larger companies, are increasingly being extended to individual businesses. In one case reported in Jiangxi Province, the owner of an individual business that had already been deregistered was ordered to have the tax registration reinst...
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