According to recent sources from Yulins tax department, Yuchai Machinery Co., Ltd. (YM) has ranked among Yulins Class A tax credit enterprises again. Liang Kunqing, manager of the Financial Department of YM, on behalf of YM, received the certificate and plaque for Class A tax credit enterprises from Yulin Municipal Office, SAT and Yulin Local Taxation Bureau. 

YM practices a perfect accounting system, has precise financial process and conducts proper financial monitoring. It always completes tax registration and declaration punctually according to the requirements of relevant departments, observes discipline, abides by laws, conducts honest operations and keeps faith. Besides, the financial department pays attention to collecting and organizing relevant tax regulations and policies, thus enhancing financial staffs understanding of financial regulations and the enterprises consciousness of paying taxes in accordance with law; YMs efforts in tax management have gained unanimous recognition from relevant superior departments.

According to sources, to strengthen the construction of the faithful tax payment system, standardize the tax credit system, enhance tax compliance, every year, Yulin Tax Credit Review Committee, on the basis of the short list of Class A tax credit enterprises determined upon preliminary evaluation by SAT offices of all counties (cities, districts), local taxation bureaus and tax branches directly under Yulin Municipal Taxation Bureau, review the list in accordance with the Interim Measures for Administration of Tax Credit Rating, determines and announces the award list. This time, apart from YM, 25 others including Guangxi Sanhuan Enterprise Group Holding Co., Ltd. were awarded. 

(Text by Liang Kunqing/Yang Mingze)