Research On The Improvement Of Shipping Tax System In China's Free Trade Zone

With the globalization of economy,the global competition of shipping is increasingly serious.Taking consideration of the Belt and Road Initiative,it is essential that the system perfection of shipping taxation be taken into consideration in order to providing the international shipping market with a sustainable environment of development.This dissertation focuses on the comparison of shipping tax system of developed nations and areas of which the shipping markets are well-built.Through the discussion of the advantage of shipping tax system of China's Free Trade Zone in global competition,the author is aiming at finding out the problems we are facing in the field of shipping tax system of free trade zone,thus realizing the system perfection of shipping taxation in China.The first paragraph mainly discusses the current situation of the shipping taxation policy in the free trade zone of our nation.Furthermore,the author concludes the attempts that have been made to improving the shipping tax system in the past six years.The second paragraph raises the existing problems current shipping tax system in our nation in the legislation perspective.On one hand,it is not clear which entity is qualified to legislate on shipping taxation.The administration of taxation is also a chaos,which leads to the uncertainty of newly-born industrial policy.On the other hand,when it comes to the issue of the harmonization of tax legislation,problems such as duplicate taxation and adjustment of associated taxation put a heavy burden of taxation on the enterprises.Therefore,in regard of the above-mentioned situation,the author analyzes some successful measures in international shipping taxation in the third paragraph,for example,the encouraging policy of shipping,the tonnage dues system and other tax preferences to subsidize domestic shipping business indirectly,hence boosting the development of shipping business.While studying the advanced systems of other countries,it is of great importance to realize that the promotion of tax preferences of shipping taxation in our nation is still a long way to go.Not only should we learn from those advanced systems of other countries,but we should consider the characteristic of our own.Only in this way can we give reasonable advice on the improvement of shipping tax system and the release of taxation burden of shipping.In the last paragraph,the author draws a conclusion that in order to realizing the system perfection of shipping taxation,a series of measures should be taken.It is suggested that duty-free policy be considered in specific cases and a shipping tax system be built in which corporate income tax plays the main part with an optimized tonnage dues system.This includes reducing or exempting added-value tax,enlarging the boundary of deduction of added-valued tax,promoting seamen's preferential policy of income tax for individuals,adjusting the preferential policy of business income taxes of enterprises and so on and so forth.