The Comparison Study On Sino-US Income Tax Laws History

The process of changes in income tax law system, like all the other law systems, is a gradual historical course. As an important component of the tax laws, the origins of income tax laws in all countries' histories are inextricably linked to war because of their special financial features. When the war ends, the function of Income Tax Act as an "economic regulator" is highlighted, and its importance has been mentioned to the level of reforms of national legal systems by the market economy countries, so as to place it in the service of national economy.This article attempts to describe the different circumstances in origin, development, and establishment of the income tax laws between China and the United States, in order to compare the different income tax legal systems under the different political, historical, cultural, legal traditional and historical background, and to further elaborate their respective development and changes in chronological order. By comparison with the different history development processes, the similarities and differences of legal spirit behind the systems between the two countries is revealed. At the same time, borrowing precipitated the essence of the development of the legal spirit and systems from the United States for centuries, we're trying to find out the problems in the reform of China's income tax law and propose solutions.In addition to the introduction and conclusion of this article, the main body is divided into four parts.The first part is an overview of the legal system for income tax. Before introducing the development process of the Income Tax Act of China and the United States respectively, this part is a summary statement of income tax law expounded from three aspects: the concept and features of income tax, the naissance of income tax in Western countries and the patterns and typical states of the legal system of income tax.The second part is the historical origin and development of Sino-US Income Tax Act. In this section, the author describes the major differences on the historical origin of the Income Tax Act between China and the United States, showing the real historical scene by facts and introducing the processes of birth and development of the income tax acts in the specific context, as well as comparing and noting their origin.The third Part is about the revolution and present conditions of Sino-US income tax laws. This section describes the two different legislative systems in China and the United States from the Individual Income Tax Law and Enterprise income tax law (corporation income tax law). On the basis of the comparison in the development processes of the income tax law between China and the United States, the great differences on reform and presence are extended.The fourth part is about the learning significance that lies in the U.S. legal system of income tax law for China. Through the analysis on the superiorities of Income Tax Law of the United States, we try to illustrate how to further improve Chinese legal system of income tax and raise a guidance that we should learn.