As a representative achievement of blockchain technology in the field of Finance and taxation, since Shenzhen Taxation Bureau issued the country’s first blockchain electronic invoice, less than one and a half years ago, more than 7500 enterprises in Shenzhen have registered to use blockchain electronic invoices, with a total of more than 9.8 million invoices, involving an amount of more than 7 billion yuan. According to the plan, on the basis of Qianhai pilot, blockchain electronic invoices will be gradually promoted in batches throughout the country from January this year.
For consumers, blockchain invoices can not only help them reduce the cost of resource allocation, but also enjoy an unprecedented convenient and fast service experience. Generally speaking, if there is an invoice demand, after purchasing goods and services, the consumer must provide the merchant with his name or unit ticket number, and then spend a certain time waiting for the other party to issue an invoice; Once you meet a large number of people, you have to be patient and wait quietly; After getting the paper invoice, carefully paste it on the bottom sheet according to the regulations, and then apply to the unit for signature at all levels of leaders, and then carefully hand over the endorsed invoice to the financial personnel. After that, you have to wait half a week or even longer to see the reimbursement funds returned to your account. Moreover, if the invoice is accidentally lost, the party concerned will either bear the consumption cost that cannot be reimbursed, or issue a new invoice and bear the loss of the merchant’s additional tax point. However, blockchain e-invoice represents “Invoicing upon transaction and reimbursement upon Invoicing”. Consumers no longer need to queue up for invoicing as before, nor worry about invoice loss. There is neither the hassle of pasting invoices, nor the anxiety of pleading for signature, nor the anxiety of waiting for refund. The self running program of electronic invoice has greatly improved the public’s consumption experience.
For enterprises and other organizations, blockchain electronic invoices can not only greatly save financial expenses, but also effectively isolate and shield financial risks. As the invoice issuing party, the enterprise obtains the traditional invoice through purchase. After receiving the invoice, in order to support the issuance of the invoice, it must also purchase special hardware equipment such as printer and printing paper. After the consumer and the purchaser settle the bill, professional staff should be responsible for issuing the invoice alone, Among them, the cost of consumables and labor must not be a small number; In addition, as the invoice collection unit, it is necessary to set up multiple posts and financial professionals to review the invoices applied for reimbursement. However, due to information asymmetry and limited human resources, enterprises and other organizations themselves can not complete the inspection and judgment of the authenticity of invoices. False * * * * * often leads to a large number of risk expenses and property loss. However, after the blockchain electronic invoice is generated, all the above pain points and blind spots will be completely eradicated and eliminated. For the invoice issuer, the biggest benefit of blockchain electronic invoice is to greatly save billing time, hardware and labor costs; For the invoice receiving unit, the blockchain electronic invoice has a time stamp, and the blockchain’s de trust consensus mechanism ensures the authenticity of the electronic invoice. It does not need to pay cumbersome and heavy invoice inspection costs, and can effectively eradicate the financial risk caused by invoice fraud and fraud.
As for tax authorities, blockchain electronic invoices can not only automatically “grow teeth” for supervision, but also protect the “home” of wealth for the state and taxpayers. Traditional paper invoices are plagued by fraud and trafficking. Even electronic invoices with tax control code can achieve the effect of authenticity and falsehood of one ticket for multiple opening and one ticket for multiple use (multiple people share one electronic invoice). At the same time, China’s electronic invoices are distributed on third-party service provider platforms or self built platforms, and the invoice data information cannot be interconnected, The tax authorities not only have difficulties in supervision, but also can buy tax invoices with great amount flexibility from the invoicing party as long as the reimbursement applicant needs them. The fact that the invoices have no name or reality has become an open fact; In addition, in order to avoid tax, businesses do not issue or issue less invoices. Various illegal invoices that are tampered with and fabricated at will not only make scarce public financial funds hidden, but also cause a large loss of national tax sources.
However, with the help of blockchain invoices, tax authorities can automatically plug various program loopholes, annihilate various illegal violations, and achieve efficient governance of national taxes. On the one hand, according to the requirements of the distributed ledger, blockchain invoices are jointly bookkept by tax authorities, Invoicing parties, circulation parties and reimbursement parties, and the consensus mechanism ensures that only invoices written by tax authorities can be verified and recognized, and invoices written by any other node can not be confirmed, thus ensuring the authenticity of the invoice source; On the other hand, with the help of blockchain smart contracts, transactions and invoices occur at the same time, and consumer payment and invoice issuance are carried out seamlessly. Real logistics and capital flow, capital flow and invoice flow are integrated, so as to ensure the uniqueness of invoices. This new credit system can completely eliminate the violations of one vote opening, one vote multi-purpose and false reporting and false arrival; Moreover, the blockchain has traceability. Every stakeholder on the blockchain electronic invoice can trace the source of the authenticity of the invoice, and the tax authorities can achieve unbounded and cross-border monitoring. The whole scene of the invoice information is transparent, which can make all kinds of illegal and criminal acts impossible to escape.
Responsible editor; zl