Font Size: a A A

Corporate Income Tax Of The International Comparative Studies

Posted on:2006-06-13Degree:MasterType:Thesis
Country:ChinaCandidate:Y LiFull Text:PDF
GTID:2206360152483232Subject:Public Finance
Abstract/Summary:PDF Full Text Request
Western countries reformed the taxation system extensively and deeply in the middle of 1980s. They raised the wave of taxation system reforms globally. And these reforms continued until 1990s. As far as corporation income taxation is concerned, the main reason of taxation system reforms is the influence of economic unification. So many countries decrease the rate of corporation income taxation in order to prevent national capital from flowing out and attract international capital to flow in. At the same time, most of western countries' economy had been in the state of stagflation. Supply school claimed to reduce taxation in order to stimulate the economic increasing. So reforms of corporation income taxation are also influenced by the taxation idea of supply school. The common character of countries' corporation income taxation reforms is that widen the tax base, decrease the tax rate, unite personal income taxation to corporation income taxation and index corporation income taxation.Western countries' corporation income taxation is more common during the decades. Especially EU, as one of the largest free trade areas, makes their corporation income taxation system more similar. As a result, the United states and 15 members of EU, including U.K., France, Germany, Belgium, Sweden, Denmark, Italy, Spain, Holland, Greece, Finland, Ireland, Luxemburg, Austria, Portugal, are selected and made comparative analysis in this article. It includes international comparisons of types of corporation income taxation system, taxpayer, tax base, tax rate, tax favor measures, and methods of avoiding international double tax. We can know the developed tendency of western countries' corporation income taxation by international comparisons. And then we can get guidance and experience from it when we reform our enterprise income taxation.There are many problems in our current enterprise income taxation system. It mainly is two different taxation systems between national corporations and international corporations. In general, international corporations' tax burdens are smaller than national corporations. It is no goods for equitable competition between national and international corporations. More over, it is not clear on the taxpayer cognizance in current corporation income taxation, no goods for investments of national and international corporations on some regulations, and limited to effects of tax favor measures. However, we must reform our corporation income taxation widely in order that make favorable taxation environment for corporations and increase their international competitions.
Keywords/Search Tags:taxation system reform, corporation income taxation, international comparison, enterprise income taxation
PDF Full Text Request
Related items