China's investigation into a 32.3 billion yuan export rebate fraud case, the biggest-ever tax fraud case in the history of the People's Republic of China, has been concluded, senior officials from the State Administration of Taxation said Wednesday in Beijing.
A task force formed by the State Council to investigate the case has left Shantou City in south China's Guangdong Province after nearly 16 months of investigation there, the sources said.
So far, the task force has identified and confirmed 172,000 value-added tax receipts counterfeited by criminals in Shantou and Puning cities in the province.
These receipts involved 32.3 billion yuan in non-existent value- added tax payments, the sources said.
(People's Daily December 13, 2001)
