Research On Tax Regulation For Internet Companies Of China

With the innovation and development of the Internet and electronic technology, the Internet Companies will play a more and more important role in the national economy. On the one hand it promotes social and economic development; on the other hand it reshaped people’s lifestyles and attitudes. Internet companies gradually penetrate into the traditional sectors of the national economy, and its proportion in the national economy has steadily improved. To prevent loss of tax revenue of internet companies, it is necessary to strengthen tax regulation to the internet companies. But the tax.regulations based on the traditional business model are difficult to adapt the development of internet companies, on the one hand, in the network business conditions, information asymmetry problem of tax regulation is more serious than the traditional enterprises, on the other hand, the operation of Internet Company is more flexible, and it’s challenging the traditional substantive law and procedural law in tax area.Based on the comparative analysis of the current situation of Chinese Internet companies and tax regulation, we found that there are two problems on our internet companies tax regulation:one is the inheritance and expansion of the traditional, and the other is based on the characteristics of the internet companies, the regulatory system built on the traditional corporate tax, including tax laws and regulations, collection methods, regulatory capacity and so on cannot meet the need of the supervision of the internet companies. So, the paper combined with the experience of foreign countries, put forward four suggestions from the system construction, professionalization and informatization, networking of the tax resource monitoring: the First, does the implementation of the existing mode of tax collection and tax policy; the Second, establish a sound internet companies tax regulatory system; the Third,to actively promote professionalization and informatization; the Fourth, to strengthen collaboration at the national, regional, government and enterprises.Through the research of the tax regulation for the internet companies,we hope that we can enhance the existing tax regulatory capacity, promote the level of professionalization and informatization of tax collection and supervision, establish a fair and stable tax system environment. And the internet companies can grow stronger; also the national tax revenue can be stable and prevent loss.