Group 1 - The People's Bank of China (PBOC) in Suizhou has optimized tax refund services to ensure that tax reform benefits reach every taxpayer, contributing to high-quality local economic development [1] - The PBOC has processed nearly 50,000 tax refund transactions this year, amounting to 566 million yuan [1] Group 2 - Hubei Snow New Materials Company received a quick refund of 66.96 million yuan in value-added tax, alleviating their funding issues for research and production [2] - The PBOC established a dynamic fund coordination mechanism with the finance department to ensure timely disbursement of tax refund funds, reducing processing time from 3 days to 1 day [2] - As of the end of May, the PBOC has processed 75.33 million yuan in value-added tax refunds [2] Group 3 - Chengli Special Automobile Company, a leading enterprise in Suizhou, received over 6 million yuan in export tax refunds on the same day, facilitating their international expansion [3] - The PBOC has accelerated the export tax refund process and opened a green channel to support the special automobile industry, which has seen significant growth in exports over the past five years [3] - As of the end of May, the PBOC has processed 312 export tax refund transactions, totaling 203 million yuan, benefiting 119 enterprises [3] Group 4 - The PBOC has optimized personal income tax refund processes, allowing for immediate processing and disbursement of refunds, as demonstrated by a taxpayer receiving 341.2 yuan on the same day [4] - The PBOC has implemented a system to streamline personal income tax refunds, ensuring that funds reach taxpayers quickly and efficiently [4] - This year, the PBOC has processed nearly 45,000 personal income tax refund transactions, amounting to 29.91 million yuan [4]

Core Viewpoint - The article discusses the procedures and requirements for individuals to complete their annual income tax reconciliation in China, emphasizing the importance of compliance and the steps to rectify missed filings. Group 1: Tax Filing Requirements - Taxpayers with comprehensive income must file annual reconciliation if they meet certain conditions, such as having prepaid taxes exceeding the actual tax due and applying for a refund [4][5]. - Individuals whose prepaid taxes are less than the actual tax due and do not qualify for exemptions must also file [5]. Group 2: Steps for Filing - To rectify missed filings, individuals can use the personal income tax APP, selecting the appropriate year and following the prompts to complete the reconciliation [6][8]. - If taxpayers have prepaid personal income tax and their annual comprehensive income does not exceed 120,000 yuan or the tax due is less than 400 yuan, they are exempt from filing [9]. Group 3: Information Verification - Taxpayers must verify their personal information, including employment details, before proceeding with the filing [10]. - Accurate reporting of income, expenses, and deductions is crucial, as the system will automatically calculate the taxable income based on the provided data [12][16]. Group 4: Submission and Confirmation - After filling out the necessary information, taxpayers must confirm the accuracy of their submissions before finalizing the filing [14][18]. - Once the submission is complete, individuals can check their filing records and make any necessary amendments [19].

Core Viewpoint - The article provides a detailed guide on how to check the progress of tax refund applications through the personal income tax app, emphasizing the steps involved in accessing and understanding the refund status [3][6][11]. Group 1: Steps to Check Tax Refund Progress - Step 1 involves logging into the personal income tax app and navigating to the "2024 Comprehensive Income Annual Settlement" section [3][6]. - Step 2 requires accessing the declaration record details by clicking on "Refund Records" and then checking the current status [9][12]. - The article outlines multiple methods to check the refund progress, including viewing completed declarations and selecting the relevant year for comprehensive income annual settlement [6][8]. Group 2: Refund Status Descriptions - Status 1 indicates that the refund application has been successfully submitted and is awaiting further processing [13]. - Status 2 shows that the tax authority is currently reviewing the refund application, which may take time due to the volume of applications [14]. - Status 3 indicates that the application was not approved, with reasons provided for the rejection, allowing for corrections and resubmission [15]. Group 3: Final Processing and Issues - Status 4 confirms that the tax authority has approved the refund and submitted it to the treasury for processing [17]. - Status 5 indicates a failure in the treasury's processing, often related to issues with the provided bank account information [19]. - Status 6 confirms that the refund has been successfully processed, and taxpayers should check their bank accounts for the refunded amount [20].

Group 1 - The article emphasizes the importance of timely tax declaration and reminders for individual income tax annual settlement, highlighting the deadlines for various submissions [5][7][11] - It outlines the process for setting up notification alerts in the personal income tax app for both Android and iOS systems, ensuring users do not miss important tax-related notifications [7][8] - The article provides a comprehensive list of reminders related to annual tax settlement, including special deductions and refund approvals, which are crucial for taxpayers to manage their tax obligations effectively [6][10][11] Group 2 - The article references the regulatory framework governing the annual tax settlement process, specifically the "Comprehensive Income Tax Settlement Management Measures" issued by the State Taxation Administration [7][11] - It discusses the significance of the personal income tax app in facilitating communication between taxpayers and tax authorities, particularly during the annual settlement period [5][9] - The article includes various scenarios and common issues related to special deductions, such as errors in spouse information for housing loan interest deductions, which taxpayers may encounter [11][13]

Group 1 - The 2024 individual income tax comprehensive income settlement is nearing its end, and taxpayers are reminded to check for legitimate notifications from tax authorities regarding potential refunds [1] - Taxpayers are encouraged to act promptly to process their tax refunds if they meet the eligibility criteria [1] Group 2 - To successfully process a tax refund, the bank account must be a personal account opened within China, preferably an I-class account to avoid daily transaction limits that could lead to refund failures [2] - It is essential to ensure that the bank account is in good standing, as statuses like cancellation, loss, deactivation, or freezing can result in refund failures [2] Group 3 - After submitting the tax refund request, taxpayers can track the refund status through the personal income tax app by navigating to the "2024 comprehensive income annual settlement" section and checking the refund records [4]