Deputy Director of Shenzhen Taxation Bureau of the State Administration of Taxation: Blockchain allows the invoice to return to the source of the business activity certificate

According to the China Tax News, a few days ago, the China International Taxation Research Institute and the Global Tax Policy Research Center of the Vienna University of Economics jointly held the "International Symposium on Blockchain Technology Applied to Taxation Management" in Hangzhou. Li Wei, deputy director of the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation, said that the blockchain technology has broken through the requirements of traditional invoices for clients and tax control equipment, and no longer limits the amount of votes and votes, which effectively avoids virtual invoicing and falsehood. Invoices, one-vote over-reporting, false reporting of the risk of falsehood, let the invoice return to the origin of the business activity certificate. At present, the Shenzhen Taxation Bureau has issued 10 million blockchain invoices. At the seminar, the heads of relevant enterprises and service organizations discussed the practical application of blockchain technology in the electronicization of enterprise VAT invoices, tax management and financial innovation, and expressed that they will regard blockchain as an important breakthrough for enterprise technology innovation. .