The internal conflict on employing accounting firms between Founder Securities and China Minzu Securities

　　On November 28, Founder Securities issued the Reminding Letter of Shareholders to the board of directors of China Minzu Securities, a wholly-owned subsidiary, to remind it of following the decision of shareholders on appointing Pan-China Certified Public Accountants as the audit institution. However, Founder Securities finally received a reply of “Not Accept” from China Minzu Securities.

　　Besides, there is a dispute between both parties at the start time of audit.

　　The secret in the 41 declaration forms: the informationalization of income tax system is speeding up

　　There are 41 “annual enterprise income tax declaration forms”, amended by State Administration of Taxation: 1 form of basic information, 1 main form, 6 detailed statements of incomes and expenses, 15 forms of tax adjustment, 1 deficit-covering form, 11 forms of tax preference, 4 forms of tax credit over overseas income, and 2 summative tax forms. As to the taxpayer, there is less tax risk upon detailed declaration forms than usual.

　　The list of 5A- and 4A-level tax agents in 2014 issued by the China Certified Tax Agents Association

　　12 tax agents including Unitax, Zhonghui, Lixin, Union Power, RSM China, Jiangsu Shuilianxin,WUYIGE, Beijing Yongda, Shanghai Deloitte, Zhonglian, Beijing Zhitong Zhenye, and Beijing Tax China Net and so on are identified as 5A-level agents.