The current four-phase verification of multi-sector data on gold taxes, the fact that corporate write-offs are no longer a simple business process, the failure to address the legacy of accounts, and even if the write-off is completed, tax authorities can trace the collection of taxes, the accountability of shareholders and the financier。
As fiscal practitioners, it is important to synchronize the write-off clearance policy with the risk points to clients, and today, in conjunction with the current tax code, to streamline the write-off of the three tax-related mined areas, as well as five categories of subjects in need of write-off。
Focus
01
Write-off of clearance of three core tax-related mined areas, with clear policy basis to ensure early clearance
1. Non-disposal of book inventory, triggering risk of perceived sale or concealment of income
Under the provisions relating to value added tax (vat), enterprise income tax liquidation, business terminations and cancellations, and bookings cannot be held on a long-term basis, are subject to two types of compliance:
There are two options for real inventory:
The first is the sale of pre-cancellation foreign discounts, the recognition of revenue at fair sales prices, the regular payment of vat and enterprise income tax, the disposal of the backlog of demurrage goods at low prices, and the retention of market prices, and the depletion of storage to justify the price。
Second, in the absence of external sales, surplus stocks are distributed to natural persons shareholders, who are taxed at fair value as sales, while shareholders acquire assets that require simultaneous recognition of the proceeds of liquidation distribution。
Active external disposal taxes are manageable; passive distribution of stocks is more stressful with double taxation, and priority is given to early clearing。
(b) the fact that most of the books are kept in the same way as the undeclared income of the prior period, which is tax poached, and the fact that checks are made up for taxes, delays and penalties are imposed in serious cases。
2. Accounts payable are held on a long-term basis and are not reimbursable and are taxable on liquidation proceeds
Under article 22 of the regulations for the implementation of the enterprise income tax act, amounts payable that are, in fact, unpayable are other taxable income and are fully credited to the income tax of the enterprise upon liquidation。
(b) prioritize the settlement of all arrears before liquidation; and retain the full supporting documentation, subject to debt restructuring and normal tax deductions, in cases of default of creditors, cancellation, written exemption. The absence of any information on accounts payable still to be paid, the direct transfer of liquidation income by the tax administration, and the write-off of excessive temporary taxes by many enterprises are at the root of the lack of transaction clearance。
3. Large-value undistributed profits on account, 20 per cent tax on the settlement of shares of natural persons
Upon the completion of the debt cancellation by the limited company, the surplus consists of accumulated undistributed profits, accumulated surpluses and, when allocated to the shareholders of natural persons, the corresponding portion of the retained earnings is withheld on the basis of 20 per cent of the dividends received by the individual income tax, in accordance with the reporting rules for the liquidation of the enterprise。
There is no such tax on a loss on the books of an enterprise; customers who have not earned any profit in the course of the year may comply with the digestive retention gains in advance and avoid a large one-time tax payment at the write-off stage. There is no double-reduced distribution of profits after tax for partnerships, individual sole-owned enterprises, and a distinction can be made between major advance planning。
Focus
02
The sooner the type 5 enterprises are written off, the more likely they are to avoid the risks associated with legal persons and shareholders
1. Enterprises that have reached the end of their term of operation and have decided to close their businesses
The liquidation write-off needs to be initiated in a timely manner when the business by-laws expire, the shareholders decide to dissolve, or the business is terminated as a result of the merger. Long-term holds on the formation of a zombie enterprise, where shareholders neglect to liquidate and result in the loss of books and assets, creditors may sue for joint and several liability of the shareholders for debt, while affecting other businesses under the legal person's name in respect of taxes, bids and bank credits。
2. Dereliction of licences, supervision and suspension of enterprises
The revocation of a business licence for false declarations, loss of address, market regulation of illegal operations and tax authorities does not amount to the extinction of the subject, but merely to the loss of business capacity. Under the companies act, a liquidation unit must be formed within 15 days of revocation, and refusal to cancel is punishable by a fine of 10,000 to 100,000 yuan. Legal persons continue to be placed on the list of untrustworthy persons, with all new businesses and executives restricted。
3. Shells with no real-life, long-term zero-declaration companies
Long-term no-business, ongoing zero-declarations, annual tax returns, annual business returns, and four periods of taxes, which are continuously marked as high-risk subjects, easily trigger tax verification. The timely write-off of inactive businesses without a long-term business plan would circumvent ongoing wind control early warning and reduce annual maintenance costs。
4. Taxes, businesses and businesses included in irregular households
The overdue declaration, the loss of registered address, is deemed to be an irregular tax household, and all legal persons, shareholders and financial managers are linked to the control of the tax registration of new enterprises and the receipt of invoices. (a) order of processing: first filing, fine payment and release from irregularity, and then tax clearance and business write-off cannot be left out。
5. Enterprises with historical tax and account balances
There have been historical problems such as discrepancies in the past, large transactions, tax arrears and false billings, which should not be set aside. The write-off process is then streamlined and cleared to the extent that it can be controlled, avoiding retroactive checks on four periods of post-year taxes, with shareholders and finance managers jointly assuming taxes, late payments and legal liability。
Financialists' summary
The tax write-off controls were tightened across the board in 2026, with the core logic of zero assets, transaction settlement, tax collection, inventory, accounts payable, undistributed profits being the three mandatory items of the tax clearing window, with prior self-reorganization to allow for one-time write-off and reduce client time and financial costs. By comparing the above five categories of enterprises, clients are reminded in a timely manner to plan write-offs according to their own business, so that there is no risk of “learning behind the wheel” and risk resolution is the sound approach。
