The whole network has been opened to protect rights and carry plagiarism reports
Recently, a number of well-known e-commerce companies in Shanghai have been inspected by the tax department one after another, which has attracted widespread attention from the outside world. This wave of inspections is not only an inventory of corporate tax issues, but also a "post-autumn accounting" of the entire e-commerce industry, indicating that the deeper problems existing in e-commerce enterprises are about to be exposed.
What does this mean by the tax system? What are the hidden secrets within the company? What kind of shock will this "reckoning" finally bring to the e-commerce industry?
The meaning behind the "raid" of the tax system
This time, the tax department is targeting a number of leading enterprises with great influence in the field of cross-border e-commerce and online retail in Shanghai. The tax system conducts a comprehensive investigation of their tax situation to find out whether there are any illegal acts such as tax evasion.
Regarding this tax investigation, the following points are worth noting:
The investigation coincided with the end of the year and was dubbed the "post-autumn reckoning", and the intensity of the inspection and the precision of the timing indicate that the tax system's move was anything but ordinary. The fact that the tax system seems to have been prepared for a long time and will attack it when the time is right shows that the motive behind it is not simple.
Not just for a single company, but including a number of top e-commerce companies. From value-added tax to business tax, from cross-border e-commerce to online retail, the inspection content is comprehensive and detailed. The tax system seems to be trying to get to the bottom of these companies.
The inspection places particular emphasis on the verification of the tax status of cross-border e-commerce, as its complex transaction chain is prone to loopholes.
The focus of the tax system also shows from the side that they may have long suspected the tax violations of e-commerce companies, and this time it is just a verification guess.
Several business executives were surprised by the surprise inspection of the tax system. Generally speaking, there are obvious precursors to tax inspections, but this time the situation is abnormal, which makes people feel that the tax system has already known the problem enterprises, and it is only a matter of time before they start in earnest.
This raid on the tax system is no ordinary one. Behind this must be the regulatory motivation for the e-commerce industry and beyond. This wave of inspections is likely to be just the prelude to the tax system's crackdown on e-commerce companies, with bigger regulatory action yet to come.
Why the inside story of the enterprise has aroused great concern from the regulatory authorities
The tax system's high-profile raids have amply demonstrated that they have strong regulatory skepticism about e-commerce companies. But what is the real problem within the enterprise?
The complex business model and cross-border transactions of e-commerce enterprises have brought great difficulties to tax supervision, and tax evasion is not uncommon. A large amount of transaction information is not disclosed under the guise of "trade secrets", and it is difficult for the tax regulatory authorities to grasp the full picture.
Some e-commerce companies inflate their operating income and profits through various improper means to achieve the purpose of falsely reporting performance and arbitraging investment.
There are also enterprises that set up multiple affiliated enterprises to transfer assets and withdraw funds to each other in order to circumvent regulation and reduce taxes. All of these actions may be against the law.
The e-commerce industry is highly competitive, and some enterprises have adopted malicious competition and other means in order to compete for the market, such as false promotion, black industry promoters, commercial defamation, etc., which have seriously disrupted the market order. At the same time, there are also issues of employee rights and interests such as sexual harassment and excessive overtime in the workplace.
Some e-commerce companies are suspected of using insider information to conduct securities transactions. This kind of behavior that seriously undermines fair trade and seriously harms the rights and interests of investors, and will inevitably lead to severe crackdowns.
Although e-commerce companies have made great contributions to economic and social development, there have been some violations of laws and regulations at the same time as rapid development. The strict investigation of the tax system is to expose the tax chaos and other internal problems of these enterprises.