Shanghai to improve tax system

Shanghai plans to build a smart tax ecosystem by the end of 2025, and improve its tax law enforcement, service and supervision. The city on July 30 released an implementation plan for deepening tax reform. It proposed 28 tasks in six major areas: digital upgrading and intelligent transformation, tax law enforcement, intelligent services, tax supervision, tax co-governance and organizational support. By 2022, the city plans to further deepen and expand the trials of a dynamic "credit+risk" monitoring system and test better tax-paying services, as well as make further achievements in cloud-based smart tax services.

The new monitoring system has effectively cut the time for paying tax, simplified the procedures of examination and approval, and greatly improved the experience and efficiency of taxpayers in dealing with tax affairs. The city also aims to basically establish new systems of tax law enforcement, tax and fee services, and tax supervision by 2023, and enhance the efficiency of tax collection and management. By the end of 2025, Shanghai expects to have completed building a smart tax ecosystem, and improved its capacity in all aspects of tax law enforcement, service and supervision. The tax reform will also serve the integrated development of the Yangtze River Delta, said the Shanghai's Development and Reform Commission. The tax authorities of Shanghai and some other areas in the Delta have set up special pages on their online administration platforms, supporting one-stop tax services across the Delta region. More innovations will be made to facilitate enterprises' cross-provincial tax affairs, the Shanghai Daily reports.