Research On The Perfection Of China's Luxury Consumption Tax Reform

China's current luxury consumer market is very prosperous.According to data from Bain's "2018 Global Luxury Industry Research Report",the global luxury goods market grew by 5% in 2018,reaching 9 trillion yuan.Among them,Chinese consumers led the growth of luxury consumption,and the proportion of global luxury consumption continued to increase,from 32% in 2017 to 33% in 2018.The share of mainland China is 8% in 2017 and 9% in 2018.In mainland China,luxury goods sales increased by 20% in 2018,reaching 172.5 billion yuan due to increased demand.It should be noted that the proportion of luxury goods consumed in Europe and the United States is greater than that of domestic people,while about 78% of luxury consumption by Chinese consumers occurs overseas,contrary to foreign countries.Between 2008 and 2018,the proportion of overseas luxury goods consumption in the amount of consumption increased from two-thirds to three-quarters.The mismatch between supply and demand of luxury goods in the Mainland is becoming more and more serious.The enthusiasm of overseas luxury goods is rising,the mainland market continues to be sluggish,and consumer spillovers are obvious.The prosperity of the luxury goods market and the outflow of luxury goods consumption tax are very serious.It reflects the current situation that the luxury consumption tax is regulating consumption,promoting the weakening of social fairfunction,and the serious loss of tax sources.Despite a reform of the consumption tax in 2006,the addition of some taxable high-end luxury goods has changed over time.The current luxury consumption tax law has lagged behind and cannot effectively regulate the increasingly prosperous luxury consumer market.In view of this situation,in the original luxury goods.On the basis of the provisions of the consumption tax law,it is indeed necessary to carry out tax law reforms in a timely manner.The article will start with four parts:The first part is an overview of China's luxury consumption tax,which is divided into four points.The first is to define the basic concepts of luxury goods from three angles;the second is to clarify the characteristics of luxury goods;the third is to point out the connotation of China's luxury goods consumption tax;the fourth is to explain the function and positioning of luxury goods consumption tax.The second part is the development history and problems of China's luxury consumption tax.The development process section provides a detailed analysis of the specific content of the luxury tax adjustment from the tax reform in 1994 to the 2006 luxury tax,showing the transformation process of China's luxury tax,focusing on the reform of China's tax-sharing system in 1994 and 1994.The trend of China's luxury consumption tax reform after the year.The problem module of luxury tax reform introduces in detail the five problems of narrow tax base,unreasonable tax rate,single levy link,in-price taxation and tax collection and management in China's luxury goods consumption tax.After combing and summarizing the reform process of China's luxury consumption tax,it summarizes the shortcomings of China's current luxury consumption tax law,paving the way for the analysis of specific reforms.The third part selects the developed countries?regions? of South Korea,Taiwan and ASEAN countries as the target,analyzes the provisions and implementation of the luxury consumption tax laws and implementation of these countries and regions,and summarizes the experience.Based on this,combined with the analysis of the former The problems of luxury consumption tax are comprehensively compared.At present,there are still some shortcomings in the luxury consumption tax in China.With reference to the success of the implementation of the extra-territorial luxuryconsumption tax,we can sum up the experience that can be learned and propose several major paths for the reform of the luxury consumption tax.The fourth part,based on the above analysis,develops ideas and suggestions on the improvement of the luxury goods consumption tax tax legal system,and proposes a path to improve the luxury consumption tax reform.To perfect China's luxury tax reform,we must take a multi-pronged approach from the five aspects of taxation scope,taxation rate,taxation mode,taxation link,and tax collection and management to maximize the effect of reform and play a role in tax adjustment of national income gap.At the same time,to promote the healthy development of China's luxury goods market: firmly grasp the dynamic characteristics of luxury goods,timely adjust the scope of luxury goods taxation;based on different levels of different luxury goods,focus on the development of domestic luxury goods market and different levels of consumption Purchasing ability,determine the tax rate at different levels;learn from international common practices,ensure the transparency of luxury goods tax,and change the tax within the tax rate of luxury goods as the taxation mode of extra-tax;refer to the international common practice,combined with the level of tax collection and management in China,The efficiency of the collection and management to determine which tax items are levied luxury goods tax in the retail sector;finally,in the tax collection and management,efforts to improve the level of collection and management,the implementation of the luxury tax reform policy.The innovations of this paper are as follows: Firstly,from the perspective of per capita monthly income,the difference of consumer groups,and the retail cost of raw materials,the concept of luxury goods in luxury consumption tax is accurately defined hierarchically,laying a conceptual foundation for the reform of luxury consumption.And to clarify the nature of China's luxury consumption tax.Secondly,the tax law reforms of China's luxury goods consumption tax since the reform and opening up in 1994 have been vividly and meticulously reviewed in a tabular manner,providing historical experience for the new reforms.Thirdly,it elaborates on the relevant overseas luxury goods consumption tax regulations in the world,such as South Korea and Taiwan,and makes detailed comparisons with the status quo of thedomestic luxury goods consumption tax law,and finds out the shortcomings to provide extraterritorial experience for the reform.Fourth,the proposed countermeasures are very specific and operative.The shortcoming of this paper is that due to its limited level,it is not comprehensive and in-depth in combining the international and domestic luxury consumption tax laws.At the same time,the proposed reform strategy is relatively insufficient and deep,and it still needs to continue to summarize and analyze.