The fourth phase of Golden Tax is a tax monitoring and inspection system. Compared with the third phase of Golden Tax, the fourth phase of Golden Tax is "big data tax control", which is a comprehensive grasp and verification of information flow. Its implementation will have a far-reaching impact. Enterprises and individuals should be cautious.

Impact on enterprises

Income. Many enterprises, especially 2C business, have less income included in their statements, such as payment from WeChat Alipay and cash payment, which will lead to underpayment of corporate income tax and tax evasion. Corporate income can easily be incorporated into personal accounts. The fourth phase of Golden Tax can easily find problems through big data and transfer behavior analysis.

Expenses and costs. The behavior of increasing fees and costs for low profits and paying less taxes will also be monitored. At the same time, it will also compare the profit rate between the same industries. If the profit is particularly low, it will lead to on-site inspection by the tax authorities.