Core Viewpoint - The article discusses the procedures and regulations regarding the issuance of red invoices in China, particularly in the context of sales returns and tax deductions, emphasizing the importance of compliance in tax handling [2][4]. Group 1: Red Invoice Issuance Process - The issuance of red invoices is governed by the "Implementation Rules for the Invoice Management Measures" which stipulates that in cases of sales returns or invoice errors, a red invoice must be issued according to regulations [2]. - If the buyer has not certified the deduction, the seller can issue a red invoice by confirming the information input [2]. - The process involves the seller logging into the electronic tax bureau, selecting the appropriate options, and submitting the red invoice information confirmation [2][4]. Group 2: Handling Certified Deductions - If the buyer has already certified the deduction, both parties can issue a red invoice by sending a "Red Invoice Information Confirmation Form" which must be confirmed by the other party [4]. - The process requires either party to log into the electronic tax bureau, fill out the confirmation form, and ensure that the information is accurate before confirming [4]. - It is crucial that the confirmation is completed within 72 hours, or the request will automatically become void [4]. Group 3: Compliance and Risks - Compliance in the operation is emphasized as critical; issuing a red invoice ensures that both parties' accounting and tax handling revert to their original state [4]. - Failure to properly handle certified invoices after returns, such as not adjusting the input tax, may be considered tax evasion and could lead to tax risks [4]. Group 4: Tax Policies for Logistics Enterprises - New tax policies effective from January 1, 2023, to December 31, 2027, provide a 50% reduction in urban land use tax for logistics enterprises that own or lease large commodity storage facilities [12][13]. - The definition of logistics enterprises includes those engaged in at least one type of storage or transportation service, registered as such with the relevant authorities [12]. - The tax reduction applies specifically to storage facilities with an area of 6,000 square meters or more, used for various agricultural and industrial products [12][13].