Enterprise Income Tax System Reform Research In China

Enterprise income tax system construction only the nearly hundred years of history, far less than two hundred years of personal income tax system, but with the development of world economic integration, countries are competing for the flow of capital, international trade take advantage position in the international economy, has repeatedly reform and improve the enterprise income tax system, the development speed of the enterprise income tax system is very fast.Enterprise income tax Is China’s second largest tax. We have to constantly explore, innovation, and improve the system of enterprise income tax.Our current corporate income tax system——Enterprise Income Tax Law of People’s Republic of China (hereinafter collectively referred to as the new Enterprise Income Tax Law), which was overwhelmingly passed in the Fifth Session of the Tenth National People’s Congress in the People’s Republic of China on March16,2007and implemented on January1,2008, contribute to establish a unified enterprise income tax system and rise to the legal level, as well a mark of the end of our country’s "two parallel tax" corporate income tax system. The new Enterprise Income Tax Law is made to unified the income tax of domestic and foreign enterprises, redefine the enterprise income tax levy object and standardize the issue of tax incentives, which provides a more equitable tax environment and competitive environment for the survival and development of enterprises of our country. But in the process of implementing the new Enterprise Income Tax Law, some new problems emerge gradually and need to be continuously improved in practice. This paper aims to find the direction of reform and development of the enterprise income tax system in our country by analyzing the current corporate income tax system in our country, studying and comparing our country’s implementation status quo and other countries. This paper consist of six parts, the main contents are as follows: The first chapter is an overview of the ideas and researching background and significance of this article, also including the research methods, logical structure, innovation and deficiency of this article and the review of relevant literature at home and abroad.In Chapter Ⅱ, the basic theory of corporate income tax system is briefly introduced, including the concept of corporate income tax, tax system, enterprise income tax system, the necessity of collection of enterprise income tax and the key factors that should be considered.In Chapter Ⅲ, the development process of China’s corporate income tax system is reviewed and summarized the progress of the current corporate income tax law.In Chapter Ⅳ, some problems existing in China’s current corporate income tax are mentioned, including the corporate income tax rate, tax preference, income tax integration and so on.In Chapter Ⅴ, the same problems existing in other countries’ corporate income tax system are analyzed. In order to propose the reforming proposals of our corporate income tax system below, an evaluation of the development direction of other countries’ corporate income tax system is stated.In Chapter Ⅵ, according to China’s specific national conditions which include the distribution of national income, the state of economic development and the culture of China, propose the reforming proposals of our corporate income tax system. After unification of enterprise income tax system reform, scholars of our country study this problem less. Especially on corporate income tax rate and tax forms, Tax incentives and the income tax integration.This article mainly works on it. Finally, the article puts forward policy Suggestions in accordance with China’s specific national conditions, more operable and practical.The shortages of this paper are listed as follows:the reforming proposals of corporate income tax system are sketchy and undefined. Also, this paper does not research all aspects of the corporate income tax system. It remains to be studied more deeply and detailed by more researchers.