The two-way verification mechanism for tax refund is information comparison and verification.

The two-way verification mechanism for tax refunds refers to the two-way comparison of information between taxpayers applying for tax refunds and verification by tax authorities to ensure the authenticity and legality of tax refunds. The significance of this mechanism is to prevent the abuse and false declaration of tax refunds, maintain the fairness and impartiality of taxation, reduce tax evasion and evasion in tax refunds, and improve the quality and efficiency of tax collection.