November 30 2019

SAT Clarifies Management of Abnormal Value-added Tax Payment Receipts

Announcement by State Administration of Taxation (SAT)

The State Administration of Taxation recently released the Announcement on Issues Concerning the Management of Abnormal Value-added Tax Payment Receipts, to be effective from February 1, 2020.

 

According to the announcement, there are six circumstances of abnormal value-added tax payment receipts, including the missing of the taxpayer, tax devices are stolen and invoices have not been issued or have been issued but not uploaded, and inconsistency between what's written on the invoices and what is indicated on the invoice management system.