Recently, the IRS, and Local Taxation Bureau of Shandong Province awarded jointly Shandong Sinchem Silica Gel Co.,LTD for 2008-2009 Class A corporate tax credit, which is another credit building award obtained following the municipal company” keeping contract and credit”.
It’s understood that this assessment is the comprehensive assessment of the companies’ tax registration, tax returns, tax payment, invoice management, tax inspection in 2008-2009 conducted by State Tax Bureau of Shandong Province, Shandong Province Local Taxation Bureau。It’s carried out according to the compliance of taxpayers on tax law, financial accounting quality and integrity aspects of society, the spirit of openness, justice and fairness through self-assessment, peer assessment, publicity and other procedures.
In recent years, our company attaches great importance to the work of tax accounting. Improve department status and responsibility, organize financial personnel to seriously study the financial and taxation laws and regulations, implement of the "Tax Administration Law" and "Tax credit rating management approach"; strengthening financial management and accounting, tax agent enhanced sense of responsibility; complete tax returns and tax payment, registration and taxation of tax and other tax-related data management work, and achieved good results.
A tax credit enterprise-level access, is not only full recognition of company’s financial management , but earned company’s exemption from tax inspection for two years, priority handling tax-related matters, simplification of export tax rebates (exemption) and other items of preferential policies for reporting procedures.
