Research Of Inter-governmental Transfer Payment System

Intergovernmental fiscal transfer payment is a state between the central and local government and the established superior financial authority, division of powers under the right to use free funds alienation. With the system, the gap between developing regions of increased transfer payments functionality is increasingly obvious. At the same time, it was constrained by a number of factors. China's tax system introduced in 1994, the financial management system, we began to establish a financial transfer payment system. Transfer payment system aimed at promoting horizontal and vertical fiscal balance, to achieve inter-regional equalization of basic public notice service goals. China's model of transfer payments, including general transfer payments, special transfer payments. Since the reform in the tax system, intergovernmental transfer payments to balance regional financial resources, to promote the development of backward areas to play an active role, but China's financial transfer payment system, there are still some problems, such as financial transfer payment system still exist in the form of non-standardized management is not in place , lack of oversight mechanisms and other issues, therefore, improve the fiscal transfer payment system in China is significant. Based on the analysis of China's intergovernmental fiscal transfer payment system in the emergence of some core issues, summed up the successful experiences of many foreign countries, and focus on the combination of the reality in China is discussed for perfecting China's inter-governmental transfer system of measures and proposals.