On The Relationship Between Financial Innovation And Financial System

In recent years, the innovation of financial instruments and derivatives have become the core of financial innovation because of its advantages of virtual nature and high leverage. The revenue is the main means of the state income and important economic levers of strengthening macroscopic control and an important factor of influence the development of the financial industry. Therefore, research on the relationship between the financial derivatives instruments innovation and financial tax system not only help to enhance our competitiveness in the financial services sector and respond to impact on the financial system by financial instruments rapid innovation , but also establish conductively china's financial system which is not contrary to international practice and can progress forward-looking orientation studies to financial tax system of future financial instrument.The overall idea of this paper is that we attempt to make an exploration about the relationship between financial instruments innovation and financial tax system and use for reference foreign financial tax system and table the corresponding measures and proposals through the analysis of impact of financial instruments especially derivative to the traditional financial tax system and of block of traditional financial tax system to financial instrument innovation .The full text is divided into five parts:Part One--Introduction this part mainly introduces the historical background of financial innovations,concepts,meanings,and its classification of financial instruments and derivatives highlight the...