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The VAT Act 2026 and implementing regulations are officially in force, bringing about the biggest adjustments in the last decade. For financiers, the familiar deduction rules of the past have changed.
2026-03-19
A seller in Shenzhen, due to the platform income of 230 million only declared 170 million, the remaining funds through the personal card receipts, and ultimately be investigated for back taxes and penalties totaling 95 million
Recently, many cross-border e-commerce sellers in Shenzhen received a risk alert text message from the Tax Bureau, the content of which is mostly related to "inconsistency between declared sales revenue and data reported on the platform".
This is not a drill.On January 1, 2026, the Value-added Tax Law of the People's Republic of China came into force, and the era of "tax by numbers" in the fourth phase of the Golden Tax has fully arrived. The tax authorities rely on big data to realize the regulatory upgrade of "platform data - customs data - enterprise declaration data", and the cross-border e-commerce industry is accelerating towards the stage of financial and tax compliance.
Today's article gives you the full picture: why do you receive notices from the IRS? What are the key points of verification? What should you do now?
2026-03-19
The year 2026 is a "watershed" for cross-border e-commerce tax regulation. Platform data directly connected to the tax, personal account penetration supervision, customs declaration information network verification - every income is exposed to the supervision.
2026-03-18
Today, we will use an article to thoroughly explain the core differences, applicable scenarios and processing points of ODI filing and No. 37 registration, so as to help you take every step to stabilize cross-border investment under the complicated international situation.
2026-03-17
The biggest headache for cross-border e-commerce sellers is "no invoice for goods" - not being able to obtain VAT invoices means that there is no hope for export tax refunds, high tax costs, and it is even more difficult to operate in a compliant manner.
2026-03-16