What about the annual inspection of business license? Does the national tax affect the local tax?
There is no impact on the national tax, as long as taxpayers declare and pay taxes normally. After the business license is revoked, the legitimacy of the operation is cancelled. According to the regulations, operators can no longer operate, and it is illegal to operate after cancellation. If it exceeds the annual inspection cycle, it can be re-examined. Industry and commerce should be revoked within at least one year, and operators can only announce the revocation if they don't come to the annual inspection.