Study On Tax Credit In The Procedure Of Bankruptcy

Tax Priority is a very important issue in the research of bankruptcy liquidation.Tax Priority is concerning the impelmentation of the Tax claim.Tax claim has a very strong public welfare.Nations rely on tax revenue to maintain the normal operation of the state apparatus,and to provide public goods and public services for all members of the society.So tax cliam has Priority.But nowadays tax priority is questioned by more and more people,especially in the bankruptcy liquidation.As the bankruptcy is more and more common,the tax priority causes greater attention.The autor think Chinese legal system about the tax Priority is imperfect.For example,there is no regulation about the period of tax priority,and there is no regulation about which agency in charge of different tax credit.Also I think the repayment of debt in the bankruptcy liquidation is not very logical.In this aticle the author try to make some agumentation to those questions.There are four sections in this article:in the first section,mainly introduces the nature and the basic characters of the tax credit,and focus on analyzing the role of tax credit in bankruptcy law.In the second section,the author analyzes the tax priority in detail including the following aspects:concept,range,argument of the abolishment or reservation.In the third section,the author analyzes the question of tax credit’s impelmentation in bankruptcy liquidation.In the fourth section,the author proposes the solution to complete the tax priority by draw lessons from America’s tax priority and Germany’s tax priority.