Export Refund System Comparison And The Economic Effect Of The New Mechanism Research

Tax refund on exported goods is a taxable measure that is accepted generallyby each country in the international trade. The destination is to encourage the faircompetition of the exported goods of every country.The State Council released the decision on reform of the current export refundmechanism on October 13, 2003. The decision requires that in light of the principle oftax refund , new refunds will be settled in time, outstanding refund payable will bepaid, the mechanism will be improved, both the central and local government willshare the burden, and effort will be made to promote reform and development;theoutstanding refunds payable in the past will be paid in time after the reform. Thereduce of export rebate and the change for the policy of export rebate is not onlyrebate to the benefit of the export enterprises and relative departments but also relateto the adjustment of the central and local financial benefit which will influencesgreatly our foreign trade and economic production for a period of time.The issue, influence and prospect of the adjustment of export rebate policy, hasbeen the focus of the finance department, tax department, foreign and tradedepartment as well as that of all types of export-oriented enterprises, simply becauseof its impact on them in terms of interests. This thesis begins with introduction oftheories concerned with tax refund on export. Through comparison of our policieswith foreign counterparts, weakness and problems with ours are reflected. The paperalso use the method of lines returning analyzing, estimates the economic effect on thereform of export tax refund in Tianjin.