On The Corporate Income Tax System Under WTO Background

The World Trade Organization (WTO) as one of the hottest in the world economicorganizations, played a pivotal role in the development of the world economy and trade.Since2001, with the accession to the WTO, more and more time, China has graduallybecome the WTO important, and at all levels of the country’s economic development andits standards. This is not just in order to fulfill the original WTO commitments, it is animportant step in China’s economic development, safeguarding the interests of nationaltrade.Laws and regulations in the running of a country’s economic and social framework andrules, and the basic norms of the rule of a country. The continuous improvement of ourcountry, the creation of laws and regulations, the imputation principle consistent with theWTO is an important step for China and the WTO, is also necessary part. After joiningthe WTO in the tax law, because it is closely related to China’s economic development,therefore, for the continuous improvement of the tax law is a top priority of China’s legalreform. Enterprise income tax law as an important part of the legal system of China’s taxrevenue, the same inevitable with China as the WTO a status adapt.In2008, China’s new Enterprise Income Tax Law, the new enterprise income tax systemto replace the old corporate income tax system, the development of the corporate incometax system, changed the obsolete provisions of the past, both from its legislative purpose,the specific content or legislative spirit, are more in line with the needs of the WTO forChina’s corporate income tax system, has made considerable progress in many aspects.In more than four years of practice, the fact also proves that the new enterprise incometax system is in line with China’s economic and social development needs, its also madegood convergence with the WTO regime. However, No gold, no legal END law, the newenterprise income tax system, there are some problems waiting for us to solve.