China’s Taxation Administration: Provisions on Tax Reduction, Exemption, Refund, And Subsidy
A taxpayer may submit a written application to the tax authority for tax reduction or exemption in accordance with the law. Applications for tax reduction or exemption must be approved by the authorities prescribed by laws and administrative regulations. Where a taxpayer paid tax in excess of the tax payable, the tax authority shall promptly refund the overpayment upon discovery. Where a taxpayer discovers the overpayment within 3 years from the date of payment, they may request a refund from the tax authority, and the tax authority shall promptly refund it upon verification. If a taxpayer or withholding agent fails to pay or underpays any tax for any cause attributable to the tax authority, the tax authority may request payment or supplementary payment of the outstanding taxes within 3 years, but shall not impose any late fees. If a taxpayer or withholding agent fails to pay or underpays any tax due to miscalculation or other errors, the tax authority may recover the tax within 3 years, or within 5 years under special circumstances.
Practising lawyers
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Robert Zhang
An international lawyer registered in Shanghai, China. Master's degreePublish…
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Steve Li
An international lawyer registered in Shanghai, China. Master's degreePublish…
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