Analysis On The Reform Of The Tax Law System Of China’s Banking Industry

The tax system of banking industry is the floorboard of laws, regulations andpolicies of a country to levy a tax on this industry,whose adjustment will decide thebank’s operating performance and sustainable development in a certaindegree.Obviously, with the development of the domestic and international economicsituation, the composite structure of tax law system of China’s banking industry cannot solve such problems as the high tax burden and the cumbersome tax program,andwill restrict the further development of China’s banking industry.Considering thatChina’s banking sector has been fully open to the foreign investment, it also requiresus to explore and analyze the existing problems in the tax law system of the bankingindustry,and put forward a specific reform plan.Under the background, this paper uses the theory of tax law to conduct furtherresearch on the tax law system of China’s banking industry. The first part starts fromthe general theory about the tax law system of the banking industry,and then provesthe necessity of the reform,through the in-depth analysis of the main problemsexisting in the tax law system of China’s banking industry.Based on the analysis andcomparison of the foreign tax law system of the banking industry, the second partsummarizes some useful experience for the reform.The last part not only puts forwardthe basic principle of the reform,also gives many specific suggestions.