Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. This paper describes the key features of China’s tax administration and their evolution over the last 20 years. It also identifes emerging challenges to the tax system and areas where further tax administration improvements are needed to sustain tax revenue and reduce taxpayers’ compliance costs in the future.
The People’s Republic of China’s tax policies and international obligations are as multifaceted and dynamic as they are complex, developing closely with the nation’s rise to the world’s fastest-growing major economy. Today, after decades of reform and the entry into the World Trade Organization, China has developed regulatory systems that enable it to provide stable administration, including a tax structure. China’s main tax reform can be attributed to the enactment of the Enterprise Income Tax Law, which came into effect on January 1, 2008. Chinese tax regulations include direct taxes, indirect taxes, other taxes, and custom duties and from a collection point of view, China’s tax administration adopts a very devolved system, with revenue collected and shared between different levels of government in accordance with contracts between the different levels of the tax administration system. With respect to international treaties, China has established a network of bilateral tax treaties and regional free trade agreements. This publication describes in detail China’s complex tax system and policies, as well as major bilateral treaties in which China has entered into using country-by-country analysis. Lorenzo Riccardi is Tax Advisor and Certified Public Accountant specialized in international taxation. He is based in Shanghai, where he focuses on business and tax law, assisting foreign investments in East Asia. He is an auditor and an advisor for several corporate groups and he is partner and Head of Tax of the consulting firm GWA, specializing in emerging markets.
Le site d'éditeur LexisNexis indique : "The first edition of this book, which appeared in 1992, was one of the first books in the English language on the Chinese legal system written from a comparative jurisprudential perspective. This fourth edition now provides an up-to-date account of this system's history, constitutional structure, sources of law, major legal institutions (such as the courts, the procuratorates, the legal profession and the Ministry of Justice), as well as the basic concepts and principles of procedural and substantive law. "
Edited by Victor Thuronyi, this book offers an introduction to a broad range of issues in comparative tax law and is based on comparative discussion of the tax laws of developed countries. It presents practical models and guidelines for drafting tax legislation that can be used by officials of developing and transition countries. Volume I covers general issues, some special topics, and major taxes other than income tax.
In Corporate Income Tax Law and Practice in the People's Republic of China, Fuli Cao provides a comprehensive analysis of China's newly revised tax laws and answers to specific China tax issues.
Designed for people who are interested in doing business with China, this handbook has a selection of the latest and most essential laws and regulations, each of which is provided in both English and Chinese. (Legal Reference)
This book analyzes the positive changes, challenges, and corresponding solutions regarding charitable donation in China. It discusses a number of issues, including donors and their modes of donation, donation intermediaries and their behavioral characteristics, cultural and social factors influencing charitable donation, methods of raising charitable funds, ways of providing charitable assistance and innovation, and trends in the development of charitable donation mechanisms in China. Confirming previous findings and integrating theoretical and applied studies, the book draws new conclusions and offers fresh insights into the research questions. It also includes a multi-dimensional analysis of the behavioral patterns of the donors and the charitable donation mechanisms in contemporary China from integrated perspectives, with a systematic generalization of their key features and trends. Further topics explored include the community-based charity promotion mechanism and the trends in the mechanism development in China, which have seldom been touched on by other scholars in the field.
