Tax Bureau to Release New Counterfeit-proof Receipts

Tax Bureau to Release New Counterfeit-proof Receipts

The Shenzhen tax authority announced that they will be distributing new counterfeit-proof receipts for goods and services. They have developed a receipt printing software that businesses can download from the local taxation bureau’s website at www.szds.gov.cn.

The new receipts have improved anti-counterfeiting features and businesses would be required to fill out the receipts by computer and print them out.

According to the tax bureau, the number of receipt categories will be reduced from 22 to 8. The categories include receipts for catering, entertainment, construction, real estate and transportation.

Starting January 1, 2011, hand-written receipts will no longer be used.

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