Research On Taxation Of Art Industry

The economic growth of our country improves people’s living standard. As people’s income grows, their demand for artwork increases. In 2015, global art market turnover isover 51 billion euros, increased by 7.6% compared with 2014. The Chinese art transaction accounted 22% of the international market. Artworktransaction volume increases, making more contribution to the national GDP.The tax amount of art industry isincreasing. This industry has become a new growingsource of taxes. Therefore, our country’s economygrows slowly in recent years and our country’s fiscal revenue reduces. Our government should develop newtax sources.Under this circumstance, this paper analyzes the art industry’s tax sources.There are five chapters of this paper. Firstly this paperwrites the meaning of writing this paper, especially the background. Secondly it introduces the theoretical concepts of this paper, including the concepts of art, art transaction and art industry, and analyzes their properties and how their properties affect their taxation. Then it analyzes how the industry’s tax burden, tax policy and tax sources construction influence the industry and how tax influences the its development. In the next part this paperillustrates the theory of the construction of tax sources, including why the government should pay attention to the tax sources construction and properly evaluate the quality of the industry’s tax sources. Thirdly this paper analyzes the tax status of art industry and concludes the current tax policy of art industry in the classification of different art market body, drawing to the conclusion that which part of our country’s current tax policy in art industry exists problems. Fourth, this paper not only draws lessons from the tax construction experience of foreign country’s art industry, but also analyzes the effect of the policy of changing artwork auction’s business tax to added-value tax in some places of our country. The last chapter raises suggestions on art industry’s tax construction reform in our country, such as promoting the import of artworks or encouraging foreign trade, expanding its scale of tax sources; improving personal income taxation and workers for this industry; cultivating tax sources of artwork auction industry; strengthening the taxation management of art industry and establishing the evaluation criteria to improve the level of tax source management and its capacity of tax control. The innovation of this paper is that it analyzes the taxationof the art industry mainly from the perspective of the construction of tax sources and it raises suggestion from the angle of strengthening the art industry’s tax sources construction.