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Last updated at: (Beijing Time) Saturday, December 28, 2002

Tax-controlled Cashier Machine to be Introduced in China

Chinese enterprises will be asked to employ tax-controlled cashier machines in the future, and a business as small as a grocery store may be required to print special receipts for customers, so as to put business transaction under the control of taxation authorities.


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Chinese enterprises will be asked to employ tax-controlled cashier machines in the future, anda business as small as a grocery store may be required to print special receipts for customers, so as to put business transaction under the control of taxation authorities.

The message was conveyed at a symposium on state norms for tax-controlled cashier machines held recently in Guangzhou, capital city of south China's Guangdong Province.

Fitted with a central processing unit (CPU), the cashier machine is able to record the business volume of any transaction in a special embedded chip. Taxation authorities may check the transaction volume record and thus monitor tax payment, according to Fan Jian, an official with the State Administration of Taxation.

Starting from 1997, the machines have been used on a trial basis at 50-odd Chinese enterprises. However, the incompatibility of their respective tax-controlled systems made unified data analysis too difficult to carry out. Therefore, it is imperative to hammer out a state norm for tax-controlled cashier machines, which are expected to come into being next year, Fan said.

Currently, China's taxation authorities exercise administrationthrough business receipt control.

China will make the use of tax-controlled cashier machines compulsive while encouraging consumers to ask for receipts throughthe introduction of lottery-bearing invoices throughout the country, Fan said.


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