Legal Analysis Of Corporate Income Tax

When the time is March16th in2007, the Fifth Plenary Session of the TenthNational People’s Congress voted to adopt a "PRC Enterprise Income Tax Law"，which indicates that China’s Enterprise Income Tax Law has entered a new historicalstage and marked China’s enterprise Income Tax Law has entered a new historicalstage. Issued a new "Enterprise Income Tax Law" has developed a series aimed atpromoting the upgrading of industrial structure, promoting the harmoniousdevelopment of regional economy tax incentives, generally based on the formation ofa corporate income tax system of industrial policy, while clearly supported by "taxincentives" chapter, showing its importance for corporate income tax. However, weshould clearly see that corporate income tax incentives legal system is not perfect,inevitably there are some problems or insufficient, there is an urgent need for furtherimprovement. Especially after China’s accession to WTO, the international anddomestic environment has undergone great changes, how to play the role of thecorporate income tax under the new situation becomes extremely important. In thiscase, the research enterprise income tax preferential legal system clearly hasimportant theoretical and practical significance.From the legal point of view on issues of corporate income tax aspects aredescribed and discussed, can be said that the study of the entire enterprise income taxlaw system is an integral part.The thesis is divided into five parts:The first part shows the concept of tax incentives, specifically its legalboundaries, and illustrates the main types of tax incentives and their effectiveness.The second part of the legal basis of our current corporate income tax rates aredescribed, analyzed mainly from the corporate income tax is reasonable and fair interms of both.The third part of the status quo of China’s corporate income tax with other studies in developed countries are described, while its beneficial practices wererelated to learn from, summed up the views of several learning.The fourth part of the legal issues our current corporate income tax incentivesexist and abuse of corporate income tax negative impact analyzed.The fifth part of the process of tax incentives for the implementation of the mainproblems that exist in our country, improve the enterprise income tax preferentialpolicies summarized legal channels, clear principles of corporate income tax reformshould follow, based on the practice and summarizes the perfect proposal.From a legal point of view this article seeks to explore how to optimizeenterprise income tax preferential policies in order to be on the effectiveimplementation of our enterprise income tax preferential policies to help.