The money from the Finance Bureau needs to go through the Tax Bureau. The tax bureau is now divided into the national tax bureau and the local tax bureau, and tax revenue is the main part of fiscal revenue. State Taxation Administration of The People's Republic of China is directly under the central management, and currently collects value-added tax and income tax for newly-established enterprises. The Local Taxation Bureau is a local administration. At present, it mainly collects turnover taxes such as business tax, four small taxes and old enterprise income tax.

relevant knowledge

Finance Bureau is an organ of local government, which does a good job in tax collection and budget for local finance, and also manages the qualification management of local accountants. Generally, local governments are a combination of local local taxation bureau and finance bureau, with one team and two brands. The Finance Bureau is responsible for local financial work, implements the financial system, organizes fiscal revenue according to policies, ensures fiscal expenditure, manages and makes good use of local financial funds, and promotes the development of industrial and agricultural production and various undertakings.