Study On The Preferential Tax System In China Under The Background Of International Tax Competition

Since 1990s,international tax competition has become more and more intense under the trend of economic globalization.Affected by this,countries all over the world began to revise the corresponding tax policies in order to promote their own economic development,thus forming a new international tax competition relationship.With the globalization of economy,capital circulation among countries and logistics trade between countries are having a far-reaching influence,and the tax competition between countries in the world is intensified,which causes a series of conflicts.With the reform and opening up of our country for 40 years,our foreign tax preferential system has played a certain role in attracting foreign capital,and has promoted the opening up of our economy to the outside world.With the rapid development of economic globalization and the intensification of international tax competition,China tax legal system has also exposed some defects and problems that can not adapt to the development of the times.In spite of the revision of the Enterprise income tax Law in December 2018,there are still some problems in the contents of the preferential tax system,which need to be further studied and perfected in the light of the development trend of the current international tax competition.