[Practical Guide] Deadline at the end of February! Rated as a Grade D taxpayer? See here for how to apply for repair

Attention taxpayers with a tax credit rating of D! The repair work for indicators directly judged as D for the 2023 tax year is about to close. We recommend you apply for repair before the end of February 2025. D-rated taxpayers who meet the repair conditions must seize this last valuable opportunity!

(1) If not repaired, what adverse consequences will result?

▪ The 2023 annual tax credit rating will be "archived as Grade D".

▪ The 2024 annual tax credit rating will "retain Grade D".

▪ Enterprises whose legal representative is newly established or changed to serve as legal representative will be "linked and rated D".

(II) Which taxpayers directly rated D can apply for credit repair?

The following taxpayers may apply for tax credit repair if they meet the repair conditions:

1. Grade D bankrupt enterprise.

2. Taxpayers whose tax credit is directly rated as D because they are determined to be entities with major tax violations and dishonesty.

3. Taxpayers registered or operated by directly responsible persons of tax credit Grade D taxpayers, and taxpayers whose tax credit associated evaluation is Grade D.

4. Taxpayers whose tax credit for the current year is retained as Grade D because the previous year's tax credit was directly judged as Grade D.

5. Taxpayers whose tax credit is directly rated as Grade D due to other dishonest conduct.

Simply put, taxpayers directly rated as Grade D can apply for repair as long as they meet the repair conditions.

(3) What are the conditions for repairing directly rated D indicators?

Where tax credit dishonesty has been corrected, tax legal responsibilities have been fulfilled, or major tax violation and dishonesty subject information is no longer published or has stopped being published, and there are no new tax credit dishonesty records for 12 consecutive months (or 6 consecutive months) before application, as follows:

Content marked with ※ means that when a bankruptcy reorganization enterprise meeting the repair conditions or its administrator applies for tax credit repair, the repair standard for deduction indicators is deemed corrected within 30 days, and the repair standard for indicators directly judged as D is not subject to the condition of no new tax credit dishonesty records for 12 consecutive months before the application.

(4) Want to apply for repair quickly? What should be done?

Grade D taxpayers who meet the repair conditions can, through the electronic tax bureau, complete the credit repair application in one stop without a single trip, all handled online, convenient and fast!

How to operate, see here↓

1. After logging in to the new electronic tax bureau, click the [I Want to Handle Taxes] - [Tax Credit] - [Tax Credit Management] function menu.

2. After entering the function, the current year's tax payment credit evaluation will be displayed.

3. Switch the year to view the tax credit evaluation status of different years. Click to apply for adjustment, and the system will automatically recommend available services based on the current year's tax credit evaluation status. For those that only meet the conditions for supplementary evaluation, the system will automatically jump to the tax credit supplementary evaluation function. After the taxpayer selects the reason for supplementary evaluation, submit the application.

4. For those who only meet the conditions for re-evaluation, the system automatically jumps to the tax credit re-evaluation function, and the taxpayer selects the reason for re-evaluation and submits the application.

5. For those that only meet the conditions for review, the system automatically jumps to the tax credit review function, and the taxpayer selects the reason for review and submits the application.

6. For those that only meet the repair conditions, the system automatically jumps to the tax credit repair function. After the taxpayer selects the reason for repair, the application is submitted.

7. For those who simultaneously meet the handling conditions for multiple tax credit matters, a confirmation box will pop up, and the taxpayer will choose the matters to handle on their own.

8. Taxpayers can click to issue evaluation information and can issue the evaluation information form for the corresponding year.

9. After successful submission, wait for tax authority approval.

After processing and acceptance by tax personnel, the business handling is completed.

Source: Beijing Tax

As a comprehensive business-finance-tax digitalization solution service provider, Kailing Technology provides business-finance-tax management digital transformation products and operational services for various government agencies, institutions, and large, medium, and small enterprises. The product line includes:

Solutions for sales contract management system, procurement contract management system, fully digitalized Leqi interface project, automatic output VAT invoicing system, invoice issuance for individuals system, employee expense control and reimbursement system, input VAT invoice management system, supply chain collaborative reconciliation system, imaging OCR recognition system, automatic financial bookkeeping system, electronic accounting archives system and other businesses, comprehensively advancing the digitalization process across various fields.

If you have any business-finance-tax digital transformation needs, welcome to contact us. Beijing Kailing Technology will serve you wholeheartedly.