State Administration of Taxation: Relevant platform enterprises have submitted basic information.

On the 20th, it was learned from the State Administration of Taxation that relevant platform companies have already submitted basic information as required by the "Regulations on Tax-related Information Reporting for Internet Platform Enterprises". For platform companies that have not yet submitted basic information, the tax authorities will carry out publicity, guidance, and reminders. In June of this year, the State Council announced the implementation of the "Regulations on Tax-related Information Reporting for Internet Platform Enterprises", which stipulates that platform companies must submit their basic information including platform domain names, business types, and related operating entity names for the first time in July of this year. "After the regulations were announced, the State Administration of Taxation issued relevant supporting operational announcements, conducted multiple rounds of investigations on platform companies, and compiled a list of platform companies that should submit information," said the person in charge of the relevant department of the State Administration of Taxation. Tax authorities across the country provide detailed interpretations of the content such as "what to report" and "how to report", provide safe, confidential, reliable, and convenient channels for information reporting, establish a sound tax-related information data management system, and effectively safeguard tax-related data security. In addition, the regulations require that in October of this year, Internet platform enterprises must submit the identity information of operators and employees within the platform as well as income information for the previous quarter to the competent tax authorities. Currently, the tax authorities have provided guidance to platform companies to ensure a unified reporting caliber, standards, and methods during the trial reporting process, laying a solid foundation for the first tax-related information reporting.