Tackling Difficulties in Tax Administration Reform

Reducing the Tax Burden of China

verfasst von: Jia Kang, Liang Ji, Cheng Yu

Verlag: Springer Nature Singapore

Enthalten in: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

Inhaltsverzeichnis

Über dieses Buch

This book explores China's tax system- one of the largest in the world, it operates on a quite different logic in taxing income, property and capital gains compared with most other countries. In an effort to reduce income inequality and continue to drive robust growth, a lively debate about the reform of China's tax system is taking place. In this book, some of China's most prominent thinkers on the topic share their insights and proposals. This book will interest scholars of the Chinese economy, business analysts and scholars of taxation policy.

Inhaltsverzeichnis

Frontmatter

Chapter 1. Introduction: Significance and Role of Taxation and Historical Tasks of Modern Tax System in China

Abstract

As the largest developing country in the world, China must achieve its economic and social modernization through comprehensive reform and comprehensive rule of law. Taking it as a breakthrough point, we discuss tax reduction, burden reduction, and the reform of China's tax system, which inevitably has close connection to it and forms the systematic thinking. This chapter briefly describes the definition, characteristics, significance and classification of taxation, compares the Sino-US tax systems, and clarifies several misconceptions.

Jia Kang, Liang Ji, Cheng Yu

Chapter 2. Formation and Evolution of China's Complex Tax System Since Reform and Opening-Up

Abstract

After the reform and opening-up, the Chinese government has increasingly recognized the necessity of restructuring the composite tax system to align with social and economic shifts, so that its impact and value can be continuously assessed. This chapter introduces the evolution of China's tax system construction from the reform and opening-up to the 18th CPC National Congress, encompassing three main stages: from 1980 to 1993: during this period, the initial framework of the composite taxation system was outlined; from 1994 to 2002: the overall structure of the composite taxation system was built; from 2003 to 2012: the composite tax system experienced further refinement.

Jia Kang, Liang Ji, Cheng Yu

Chapter 3. Overview of the Progress in the Six Major Tasks of Tax Reform in the Fiscal and Taxation Reform Package After the Third Plenary Session of the 18th CPC Central Committee

Abstract

The Third Plenary Session of the 18th Central Committee of the Communist Party of China formed the Decision of the Central Committee of the Communist Party of China on Some Major Issues Concerning Comprehensively Deepening the Reform, which has the significance of “top-level planning” for comprehensive reform. In the subsequent approved fiscal and taxation reform package by the Political Bureau of the Central Committee of the Party, six major tasks for tax reform were explicitly outlined. This chapter introduces the six major tax reform tasks, namely the “business tax to value-added tax,” resource tax, environmental protection “fee-to-tax,” consumption tax, real estate tax, and personal income tax.

Jia Kang, Liang Ji, Cheng Yu

Chapter 4. Panorama of Tax Reduction, Burden Reduction, and Related Institutional Changes

Abstract

How to optimize the income distribution and its related mechanisms in China is a major practical issue in promoting the modernization of the national governance system and governance capacity during the economic and social transformation. This chapter examines the basic pattern and key issues of income distribution in modern China, then explains the specific challenges faced in cultivating and growing the middle class and goes on to discuss three socially topical cases related to income distribution.

Jia Kang, Liang Ji, Cheng Yu

Chapter 5. Cracking the “Tough Nut” of Tax Reform: Gradually Increasing the Direct Tax Ratio and Building the Local Tax System

Abstract

After 40 years of reform and opening-up, the direct tax, viewed as a weak point in China's tax system, has received growing attention from policymakers. Nevertheless, the difficulty of cracking this tough nut is becoming increasingly evident. This chapter examines the real estate tax, the personal income tax, inheritance and gift taxes, and the strategies for building the local tax system.

Jia Kang, Liang Ji, Cheng Yu

Chapter 6. Conclusion: The Prospects for Deepening Tax Reform in China: Strategies and Essentials for Reducing Tax Burdens and Overcoming Challenges

Abstract

Addressing social demands through tax burden reduction is not only a priority on China's deepening reform agenda but also a proactive response to the impact of the Trump administration's tax reform as China manages its own affairs. It is also a natural progression in the course of supply-side structural reform, aimed at constructing a modernized economic system. Building on the analyses and discussions in previous chapters, this chapter outlines the strategies and essentials for China's tax reform within the comprehensive reform framework.

Jia Kang, Liang Ji, Cheng Yu

Backmatter

Titel: Tackling Difficulties in Tax Administration Reform
verfasst von: Jia Kang
Liang Ji
Cheng Yu
Verlag: Springer Nature Singapore
Electronic ISBN: 978-981-9754-65-6
Print ISBN: 978-981-9754-64-9
DOI: https://doi.org/10.1007/978-981-97-5465-6