Concerning Added Value Tax Theories And The Fulfillment

This study, starting with the connotation of Value Added Tax (VAT), made a systemic introduction of the historical development of VAT, design principles, characteristics and functions, fundamental standards and its structures, practices of VAT regimes in foreign countries. In this study we documented the historical and legal development of VAT regimes and design principles of present VAT in China and from which we deeply analyzed the current situations of VAT and objectively commented on functions of VAT in China including its significant roles played in avoiding double taxes, facilitating specific cooperation, participating international work distribution, promoting the outward and international development of enterprises in China, and achieving the goal of further opening up and reform. Finally we proposed the fundamental considerations and its relative measures to improve current VAT regimes including measures and suggestions in enlarging the scope of VAT, restructuring VAT and promoting the operation mechanism of tax refund in export. In this study we also made a deep analysis and exploration in the problems that attention should be paid and relative measures should be taken in VAT regime reform.