China has launched the country’s first online tax return system, designed to allow both individuals and businesses to make their payments via an internet link.
According to the Beijing Local Taxation Bureau where the scheme is being tested, the system links together taxation offices, fiscal departments and banks, and allows declarations, payment and overall management to be conducted electronically.
"Once the system is in full operation and covers the entire city, tax payment can not only be fulfilled at the service centers of taxation offices and bank counters, but also at the taxpayer's home or office," announced Wang Jiping, director of the Beijing Taxation Bureau.
"Taxpayers can submit tax forms and documents via the Internet and thus spare themselves the trouble of going to taxation offices personally. This also saves staff workers at taxation counters from repetitive work and raises efficiency." Wang added.
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