Equity VS Efficiency

Tax law value is top guide line and final target of establishment, enforcement and improvement of tax law. The value of tax law is different from that of economic law which pursue efficiency, equity is the most important value of tax law value system. Tax law has changed into macroscopical economic management measure by which distribute resource and tax burden fairly and reasonably. It is undoubted that the principle mission of modern tax law is to provide equal opportunities for taxpayers , however ,the traditional theory hasn't paid adequate attention to equity ,even ignored it, the basic reason for that is the unilateral comprehension of equity and the relationship between equity and efficiency.The thesis discuss deeply the conception of equity and efficiency and the relationship between two in the view of tax law value , find out that the main reason for the improvement of tax law is the improvement of the comprehension of tax law value . It is for the first time to study the process of corporation tax law innovation in the view of tax law value , refer to the direction of international corporation tax law development , the thesis foresee that the innovation of corporation tax law should carry over within the value system of equity , efficiency and order.Divided into four chapters, the main research method is positivism analysis method . The first chapter is a brief introduction of the value system of tax law, which provides theory base for the following chapters, the relationship between equity and efficiency is dependent and repulsive. equity of tax law value system doesn't mean absolute average tax burden , in the opposite hand , equity accept disparity and try to reduce the gap between the poor and the rich, getting closer and closer to impartiality. The ignorance of equity result to low-efficiency, hence, we should emphasize the importance of equity, amend our way of corporation tax law back to equity and impartiality.The second chapter analyze the influence that tax law value bring to the innovation of corporation tax law. Corporation tax law has matured by 1994 after several modifications and combination, the parallel corporation tax law possessed characters of the prophase of innovation, plenty of favorable tax policies for foreign capital developed economic and society greatly, high-efficiency showed its advantage. the disadvantage of parallel corporation tax law exposed too as economics develops. Domestic corporations lost competition advantage and market percentage gradually with heavy tax burden facing negative development space. Besides, the favorable tax policies deviate from its original intention of bringing in advanced technique and promoting industry upgrade .The impair corporation tax law has reached the end.The third chapter is mainly the analysis of corporation tax law of different countries. The conclusion is drawn through the analysis of taxpayer, income, tax rate, favorable tax policies and so on, and the direction of corporation tax law innovation is low rate, broad income and strict collection, favorable tax policies is supposed to accord with industry policy, to reduce the gap among different industries .The last chapter analyze the improvements of new corporation tax law that follow the tax law value, including taxpayer standard, rate ,income standard, favorable tax policies . Equity is set in the first place in tax law value system, which provide fair opportunities for domestic corporations, and the innovation of corporation tax law has not finished yet, equity should spread among corporations in different industries and different area.