Legal analysis: non-compliance. The risk is to find that taxpayers use invoices that do not meet the requirements, especially invoices that do not fill in the full name of the payer, and taxpayers are not allowed to use them for pre-tax deduction, tax deduction, export tax rebate and financial reimbursement. According to the Provisional Regulations on Value-added Tax in People's Republic of China (PRC), if taxpayers purchase goods, labor services, services, intangible assets and real estate, and the VAT deduction vouchers obtained do not comply with laws, administrative regulations or the relevant provisions of the competent tax authorities in the State Council, the input tax shall not be deducted from the output tax.
Legal basis: Provisional Regulations on Value-added Tax in People's Republic of China (PRC) Article 9 If a taxpayer purchases goods, labor services, services, intangible assets and real estate, and the VAT deduction voucher obtained does not conform to laws, administrative regulations or the relevant provisions of the tax authorities in the State Council, the input tax shall not be deducted from the output tax.