Comparative Analysis On Tax Policies Of Tianjin Free Trade Zone And Busan Port Free Trade Zone

In recent years,with the intensification of regional integration,countries around the world to seize the international market share,trade liberalization has become the main theme of world development,countries competing to set up a free trade zone to achieve economic liberalization,trade facilitation.In this context,China in order to break through the regional trade barriers,speed up the upgrading of industrial structure,enhance the status of the RMB in the international economy,from 2013 onwards in Shanghai,Tianjin,Guangzhou,Fujian and other places set up a free trade zone,which Tianjin District shoulders the development of the local economy,the service "along the way”to promote the Beijing-Tianjin-Hebei coordinated development of the important mission.Tax policy as an indispensable policy support for the construction of free trade zones,how to improve the tax policy in line with the direction of domestic fiscal and taxation reform and international prevailing practice to make its active role in the construction of the free trade zone is the focus of this article.The purpose of this paper is to compare the tax policy of Busan Port Free Trade Area and Tianjin Free Trade Area in Korea to provide reference for the perfection of tax policy of Tianjin Free Trade Area.This paper mainly combs the tax policy of the"Free Trade Zone Law of the People 's Republic of China" and compares it with the Tianjin Free Trade Area and discusses the shortcomings of Tianjin FTA's tax policy.(1)the tax incentives are not enough,the scope of tariff policy is too narrow,can not achieve the free flow of goods,the driving force of trade liberalization is small;corporate income tax paid in installments,no For a specific industry,the direct tax reduction and exemption,can not achieve industrial development;personal income tax policy to pay the same stage,can not attract talent pool.(2)the lack of legislative protection,free trade zone tax policy lack of stability,contrary to the principle of taxation and the original laws and regulations contradictory.(3)the lack of foreign investment and offshore business to adapt to the tax policy,the relevant industry development is lagging behind,not competitive,can not achieve investment development goals.(4)tax services policy is not perfect lack of depth and personalized service.Afterwards,according to the case of specific analysis of Tianjin Free Trade Area and the Busan port free trade area of different tax policies on corporate tax burden and tax situation,found that the tax burden of the Busan port free trade area is lower than the Tianjin Free Trade Area,more Conducive to the realization of trade freedom,investment convenience,the purpose of industrial development.Finally,the paper puts forward some policy suggestions on the tax policy of Tianjin Free Trade Zone.