Discussion On Reform Of Stamp Duty On Stock Transactions In China

The stamp duty on securities transactions is a part of government revenue system, and it is one form of involving in initial distribution and redistribution of national income for government. It is the revenue that the government can obtain from the legal procedures and it is the financial capital. Although China's stamp duty on securities transactions income have been expanding and its management is more and more standardize, there are still some gaps to the requirement of developed market economy countries and sound securities taxes system. So we must deepen the reform of stamp duty on securities transactions.In this background, this paper tries to make the combination of empirical analysis and standard analysis, qualitative analysis and quantitative analysis, theory analysis and practice analysis, international comparison analysis and our country's reality analysis, written expression and chart analysis, in order to make sure that the argumentation and the conclusion will be more standard and rigorous.This article is divided into six chapters as bellow:Chapter 1 Introduction. In this part, the author introduced the theoretical and practical significance, the progress at home and abroad, research ideas, methods, structure, innovation and shortage of this paper. Then we defined the theme, ideas, and the basic framework.Chapter 2 The theoretical study of stamp duty on securities transactions. This chapter is the logical starting point and the theoretical basis of the full paper. We discussed the concept and the function of stamp duty on securities transactions from the normative point of view, and defined several common used concepts at home and abroad. Then we analyzed the characteristics of the securities market, and summarized the function and effect of stamp duty on securities transactions to build a basic theory platform.Chapter 3 The reform process and current situation of stamp duty on securities transactions. We recalled the development and reform process of the stamp duty on securities transactions to help us deeply understand it, its market effect and the significance to reform. This chapter can be used as background materials to support the analysis of next chapter.Chapter 4 The analysis and evaluation of the stamp duty on securities transactions. Through the collection and analysis of the stamp duty on securities transactions related statistical data, we analyzed the effect of the stamp duty on securities transactions on the government revenue and stock market. On the basis of that, we drew the conclusion of the overall effect on the macro economy of the stamp duty on securities transactions.Chapter 5 The international comparison of the stamp duty on securities transactions. Some western developed countries were selected, and from their practice in stamp duty on securities transactions, we could learn how we put forward our reform.Chapter 6 The policy to impel the reform in stamp duty on securities transactions. Based on the above analysis and judgments, we could describe it like this:In the short term, it is necessary to improve the stamp duty on securities transactions. And in the long term, we must establish standardized securities taxes system that adapt the public financial system. This chapter can be seen as the ultimate destination of this article.