Study On Income Taxation Internationalization And Income Taxation Reform In China

Income taxation reform is a hot topic about the world taxation reform, and is the focus of contemporary Chinese finance and taxation field as well. From the overall trend of the world income taxation, internationalization is overwhelming:deduction of income tax has spread all over the world; corporate income tax rate has dropped apparently and been close to the international level; developing countries has improved their position in the income taxation though developed countries are still dominate in this area. Taxation structure is becoming similar internationally; social security tax is under implementation; income tax system is approaching perfect; international competition of income tax is getting hotter and income tax international coordination is enhancing. Although the degree of income taxation internationalization in China has been improved and the position of income tax strengthened with the ongoing numerous related reform, the income taxation system is still imperfect; the major category position of income tax has not been established; the regulator function of income tax needs to be strengthened urgently; corporate income tax has just been unified and waiting to be carried out and tested in the implementation; the imposing mode of individual income tax needs to be improved; factors of specified regulations need to be further adjusted. Imposing of the social security tax is under debate even though the charge of the social security has been taken over by the local taxation authorities. The current condition of income taxation in China can not meet the need of either the further development of the market economy, nor the globalization of the world economy. Therefore, with the background of the economy globalization and the reform of China's market economy system, it has become an important subject to deepen the reform of China's income taxation referring the income taxation reform experience in the world, with furthering the study of and complying with income taxation internationalization.Using comprehensive study methodology and based on economy globalization and the marketing process of China's economy, the essay provides theoretical analysis and positive survey for the income taxation internationalization as well as a deep and systematic research of China's income taxation reform.First, the essay does a theoretical analysis for the income taxation internationalization, clarifying relevant concepts and the contents of study. At the mean time, it introduces the research results of the theory of income taxation integration; taxation principle; optimum taxation; Supply school and the related theory of international taxation. These research results are the basis not only for the study of income taxation internationalization, but also for the study of China's income taxation reform.Second, backed with the theoretical analysis, the essay does static survey of the regulation of income taxation worldwide, and offers valuable reference for the reform of China's income taxation and the optimizing of taxation structure through the study of corporate income taxation, individual income taxation and social security taxation. In addition, it examines the general trend of worldwide income taxation reform and development dynamically through the study of common features of the global income taxation reform since the 1980's. Holding the general condition of the international income taxation competition and the basic experience of the international coordination, the essay points out the direction of China's income taxation reform and specifies the standpoint and principle of China's role in the competition and strengthening the international coordination of the international income taxation.Third, as the transition, the essay makes an overall evaluation for the internationalization of the income taxation and an integrated layout of the direction and principle of China's income taxation reform. The overall evaluation not only corresponds the related economics and finance opinions, but also reflects the transition of related economic thoughts and financial ideology. It's also a summary of the detailed content of the income taxation internationalization. The study of the general thought of China's income taxation reform is an example of referring the experience of income taxation internationalization as well as an clarification of the target and mechanism of developing China's taxation structure. It determines the principle of taking part in the world competition and international coordination, and leads to the elaborating on the reform of the internationalization of China's corporate income taxation; the individual income taxation and the social security taxation.Last, the essay furthers study of the reform of China's income taxation with the internationalization background. The analysis is from three aspects:corporate income taxation, individual income taxation and social security taxation. On China's corporate income taxation internationalization, the essay reviews the related developing process, makes an overall evaluation of the effect of the new Corporate Income Taxation Act on the macro-economy development; micro-economy operation; harmonized society construction and the building of China's taxation, and points out the issues deserve attention in the applying of the new Corporate Income Taxation Act. On China's individual income taxation internationalization, the essay reviews the taxation evolving history, analyzes the problem in the current individual income taxation, and provides suggestions on the taxation patterns; specific regulations and management methods. On China's social security taxation, the essay analyzes the patterns and problems in the security funds raising based on defining and contrasting the concept of Fee and Tax, introduces the idea of the necessity and feasibility of the imposing the social security tax in China, and finally comes up with the specific design of the social security taxation from both macro and micro point of views.