Detailed explanation of the third and fourth phases of cross-border e-commerce golden tax and their impact

The Golden Tax Project is a national e-government project approved by the State Council, aiming to promote the modernization of tax management information systems. Since 1994, the Golden Tax Project has developed from three phases to the current Golden Tax Phase IV, which not only optimized the tax management process, but also significantly improved the intelligent level of tax supervision.

Overview of the third phase of the Golden Tax

Development History

In 1994, the first phase of the Golden Tax adopted a method of manually collecting taxpayer invoice information. Due to the high error rate of manual data collection, the effect was not good. In 2001, the second phase of the Golden Tax was launched, realizing the automatic collection of invoice information, marking the Golden Tax project entering its second stage of development. In 2013, the third phase of the Golden Tax System was piloted in Guangdong, Shandong, Henan, Shanxi, Inner Mongolia, Chongqing and other places, and was promoted nationwide in 2016.

Core functions

The third phase of the Golden Tax System has built a unified technical foundation platform, enabling data information to be processed at the State Administration of Taxation and provincial tax bureaus. It covers all tax types, all work links, and is networked with multiple departments such as industry and commerce, banks, and customs. In addition, the system also integrates the VAT anti-counterfeiting tax control invoicing subsystem, the anti-counterfeiting tax control certification subsystem, the VAT audit subsystem and the invoice assistance subsystem.

The biggest feature of the third phase of the Golden Tax is “control of tax through votes.” The system compares invoice codes and numbers, and if any discrepancies are found, an alert is issued. In addition, it has established a unified online invoice management system that can obtain and analyze invoice information in a timely manner, thus strengthening tax supervision.

Golden Tax Phase 4 Upgrade

The fourth phase of the Golden Tax is a further optimization and improvement on the basis of the third phase of the Golden Tax. Its core lies in “controlling taxes with numbers.” Through big data analysis, the fourth phase of the Golden Tax can comprehensively monitor the operating status of enterprises.

New features

  • Non-tax business: Covers business that has not been invoiced and ensures that all tax-related matters are under control.
  • Information sharing: Establish a cross-department information sharing mechanism to improve data interoperability.
  • Information verification: Collect basic information about the company and its key personnel for easy verification.
  • Cloud-based connection: Use cloud computing technology to achieve intelligent tax management and improve law enforcement efficiency.

Tax collection and administration stage

China’s tax collection and administration has gone through three stages, from “online” to “online” and then to “onto the cloud”. The fourth phase of the Golden Tax represents the latest stage – “going to the cloud”, which uses big data analysis to strengthen tax supervision.

Conclusion

Whether it is the third or fourth phase of the Golden Tax, they are constantly promoting the development of my country’s tax management system in a more efficient and transparent direction. For cross-border e-commerce, these changes mean stricter compliance requirements and more accurate risk assessment.


Please note that the content of this article is based solely on the given reference materials and is intended to provide relevant information without expressing personal opinions.