[The tax department announced three cases related to rectifying tax-related issues related to the "invoicing economy"] October 19th. The State Administration of Taxation today (October 19) exposed three cases in which the tax department rectified tax-related issues related to the "invoicing economy": The State Administration of Taxation's Special Commissioner Office in Shanghai found that the Nanchang Economic and Technological Development Zone in Jiangxi Province illegally introduced invoicing companies to engage in the "invoicing economy." An inspection by the Nanning Taxation Bureau of the State Administration of Taxation found that Guangxi Nanning Xuanpeng Agricultural Development Co., Ltd. caused major economic losses to state-owned enterprises through fictitious trade "circular invoicing". The Inspection Bureau of the Honghe Prefecture Taxation Bureau of the State Administration of Taxation investigated and dealt with the case of a criminal gang headed by Li Husen who falsely issued VAT invoices and defrauded financial subsidies. The relevant person in charge of the State Administration of Taxation stated that the majority of business entities should adhere to compliant operations, pay taxes with integrity, and rely on real business and compliance management to achieve long-term development. The tax department will further strengthen its "discrimination power", improve "accuracy", and make a good "combination punch". While ensuring the normal production and operation invoicing needs of enterprises, it will further promote the normalization of scientific and precise rectification of the "invoicing economy", standardize the economic order, promote the realization of addressing both the symptoms and root causes, and promote the economy to better achieve real growth.