Initially Searches On China's Securities Tax Reform Of Legal System

The rise of securities tax system of law is take the stock market existence as the premise, and the development of the securities market cannot leave tax which is a important economic levers of regulation, the two is a mutual promotion and complementary relationship. Although our country stock market's start is quite late, but the speed of development is amazing, in this fast development's situation of securities market, the tax law appears some lags. At present, the securities tax system is quite unitary, also tax law system is not perfect and the unreasonable content and so on flaws, this makes the tax law system of securities market can not play the macroeconomic regulation function and income distribution function adequately, so securities tax law system needs further improvement. But the reform of the tax law system can not get done in one action, it needs to profit from the overseas reform development process of some mature stock market, and unifies the present situation of our country stock market to carry on gradually. Although the development of foreign securities tax system reform has indicated a major tendency for our country, but due to the sensitivity of stock market (particularly Stock market) is quite high, so the reform process of securities tax system must control suitability, can promote the development of securities market and not bring excessive volatility to market.Based on securities tax legal system in national macro-control role as a starting point, analyses the present situation and the existence flaw of securities tax system, and profits from the overseas some mature stock market the development experience and the enlightenment which the negotiable securities tax reform brings for our country, finally in the basis of the theory of China's securities tax system to try to put forward Suggestions of reform and development. Articles are divided into five parts: the first part of the legal system of tax revenue from securities analysis, the paper analyzes the connotation of securities tax law system and so on, and raises the main content of this article and writing purpose. The second part of the system of securities law of economics and establish function based on analysis. The main functions of securities tax system that is to increase revenue for the market operation, and implementation of macroeconomic regulation, especially the tax on stock market size, structure and trading securities transaction cost, capital flows, etc. At the same time, the author of the legal system of tax on securities tax, are analyzed from the perspective of transactional tax, stamp duty, income tax policy for the different securities market economic influence. The third part of the Chinese securities tax system analysis of the current situation and existing problems. China's securities tax system in the secondary market shares of stock trading stamp duty levied as main body, income tax for a fails to regulate the auxiliary system. There are some defects, including securities issuance and transfer such as tax, tax base, repeat the narrow tax, the defects of the securities law has not fully functional. The fourth part of the author selected comparatively mature national securities market as the research object, the tax were introduced in the stock market turnover, their income tax, property tax revenue policies and etc, and on this basis some overall development trend of securities tax system, including securities tax system from the transition to compound, the scope of taxation expands unceasingly, the macroeconomic regulation and control and resource allocation function effectively play, avoid repetition of such tax measures, in order to provide reference for the establishment of securities tax system. The fifth part in analysis based on the above content for constructing China's securities tax system, and puts forward some Suggestions. Especially in our country securities tax system defect put forward a reform on tax, and the overall direction for specific to each of the categories of taxes and collecting design perfect etc. To put forward the concrete measures of reformation.