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Tax-Sharing System Reform [machine]

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Content 3 · Events 4
09.17
2026

Forced Restoration of Tax Registration for Canceled Individual Businesses in Jiangxi

In many places of Jiangxi Province, cases have emerged where individually registered businesses that had been canceled were forcibly reinstated in tax registration by tax authorities, sparking widespread concerns among the accounting industry and netizens about the government's intensified tax collection efforts and fiscal pressure.

Reported
09.15
2026

Enterprises in Multiple Regions Face Tax Collection After Deregistration

Recently, multiple posts on platforms like Xiaohongshu (RedNote) have surfaced, showing that many enterprises are still being required to pay back individual income tax, verify undistributed profits, or restore tax registration after deregistration. Some enterprises have even been pursued for taxes two years after deregistration, and systems are blocking instant deregistration due to "declared income being less than platform-reported income," sparking widespread criticism from netizens.

Reported
09.11
2025

Shandong Heze singer Guo Youcai returns to the train station to sell barbecue after losing all his savings and falling into debt

Guo Youcai originally sold barbecue in Heze, Shandong, before becoming famous through live-streaming songs. Driven by capital, he started a company and invited Angie Chiu to support him. By September 11, 2025, less than two years later, he was reported to have lost all his savings and incurred debts, returning to the old platform of the South Station of Heze Railway Station in Shandong Province to continue selling barbecue. Unlike his previous efforts to increase income, his purpose for returning to the barbecue business has shifted to paying off his debts as quickly as possible.

Reported
10.23
1928

Zhu Rongji Born in Hunan

Zhu Rongji was born in Hunan. His family background was prominent, being a descendant of Emperor Zhu Yuanzhang of the Ming Dynasty. His great-grandfather, Zhu Changlin, was a wealthy local merchant who invested in modern industry.

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