Artikel

Prospects for tax reform in China following the 18th CPC National Congress

After the 18th National Congress, the Chinese government should speed up tax reform and tax reduction. Tax structure should switch to direct tax. Consumption tax reform of lower tax burden could start within a short time. Replacing business tax by value-added tax should be quickly completed. Personal income tax reform should move toward comprehension. Uneven resource distribution should be taken into consideration in resource tax reform. Property tax should be included in the local financing service, and tax rate must be lower than other nation imposing private property rights. Looking at the long term, export should reinstate to zero export rate regime.

Language
Englisch

Bibliographic citation
Journal: China Finance and Economic Review ; ISSN: 2196-5633 ; Volume: 3 ; Year: 2015 ; Issue: 1 ; Pages: 1-7 ; Heidelberg: Springer

Classification
Wirtschaft
Subject
China's tax reform
Fiscal policy
Chinese economy

Event
Geistige Schöpfung
(who)
Yang, Zhiyong
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2015

DOI
doi:10.1186/s40589-015-0022-7
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Yang, Zhiyong
  • Springer

Time of origin

  • 2015

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