State Administration of Taxation Zhang Zhiyong: Blockchain smart contracts can code tax laws

On December 28, at the "Thematic Forum on the Application and Development of Blockchain Technology", Zhang Zhiyong, the former deputy director of the State Administration of Taxation, stated that blockchain technology is reliable, traceable, low-cost, and can be alliance, Can be embedded and other characteristics, once introduced, it has attracted great attention from national tax authorities. At present, blockchain electronic invoices have been widely used. At the same time, he also pointed out that the requirements for multi-party cooperation in tax management modernization are consistent with the characteristics of blockchain technology; blockchain technology is conducive to the requirements for tax management information symmetry; cross-chain services and cross-chain exchange of information to meet tax management The development direction of open interaction; the reliability of blockchain information is conducive to improving tax risk analysis and response; blockchain smart contracts can code tax laws to improve certainty for taxpayers and reduce disputes.