Analysis Of China's Enterprise Income Tax Law Elements

Income tax system in the UK since 1799 have been gradually adopted by the States, and has become a most important one of the tax system. China's corporate income tax system through several changes in the March 16, 2007 Fifth Session of the 10th National People's Congress adopted new enterprise income tax law, according to "Jane system wide tax base, low tax rates and strict collection" of the principle of tax reform, borrowing international experience, the establishment of various types of enterprises uniformapplication of the scientific, standardized enterprise income tax system, and realized the, the unification of foreign income tax law marks China's further progress towards the international system, the rule of law. Looking at the development of enterprise income tax system history, we have found that every time the system is changing its core elements of a tax change,In the tax law school, at the heart of the elements that constitute elements of revenue, that is, tax is a tax element of one of the basic areas. China's traditional view of the more general tax procedures to the incorporation of elements into law a tax in the elements of "taxable" standard - a lack of in-depth understanding of the Elements. From a revenue element of the general theory, introduced the main tax revenue object, the object of vesting tax and the tax base, the tax rate five general theory, the method compared to foreign corporate income tax (corporate tax) constitute elements of the theory, including a representative of Germany and Japan as well as civil common law of the United States corporate income tax law relating to taxation constitute elements of the theory and legislative experience. Focus on the new law on corporate income tax revenue to the provisions of the Elements of a thorough and meticulous analysis, including the definition of the main tax, the concept of taxable income, and damages from illegal proceeds of the status quo, should the provisions of the tax calculation income and deduction items and the tax treatment of assets, such as the need to further clarify the provisions, the tax rate and tax special measures legal analysis, and so on. By comparison discussed the new enterprise income tax law and constitute elements of the original enterprise income tax law differences, and differences in accounting systems and the convergence of personal income tax and the differences and issues such as convergence in practice on the basis of its intention to promote the effective implementation of the ideas and proposals , including the development of "Tax Basic Law," a cover general principles and regulations of the elements missing, on the need to further improve laws and regulations supporting the proposal and the wise use of tax special measures to further improve the accounting system and the appropriate separation mode, and recommended that the emergence of a new practice the problem as soon as possible to study and resolve to enrich and perfect form constantly improve corporate income tax constitute elements of effective mechanisms.