Transformation of the Fiscal and Taxation Systems

This book explores the complexities of China's taxation system and proposes bold reforms to address its issues. It analyzes the relationships between the government, market, and enterprises and proposes a plan for radical change to improve the handling of these relations. The book is relevant to finance professionals, economists, and scholars interested in the Chinese economy.

Format: Paperback / softback
Length: 379 pages
Publication date: 26 February 2023
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate nuances of China's taxation system, shedding light on its current complexities and advocating for transformative measures. By theorizing finance and taxation within the context of a national political system, the authors provide a detailed account of China's inherited and uneven tax system, highlighting its shortcomings and proposing a radical overhaul. This book appeals to a wide range of professionals, including finance experts, economists, and scholars interested in the Chinese economy. The central objective is to effectively manage the three fundamental economic and social relationships between the government, the market, and enterprises, as well as between central and local governments and the public power system.

Drawing from a research framework centered on problem orientation, goal orientation, and practical operation, the book offers insightful ideas, basic goals, and pathways for fiscal system reform that align with the modernization of national governance. The authors propose a comprehensive approach that encompasses tax policy, administration, and enforcement, aiming to enhance efficiency, fairness, and sustainability in China's taxation system.

By examining the historical roots of China's taxation system, the book explores the political, economic, and social factors that have shaped its evolution. It identifies the challenges and opportunities that arise from China's rapid economic growth and the need for a tax system that can support social welfare, infrastructure development, and environmental protection. The authors propose innovative solutions, such as a shift towards a consumption-based tax structure, the implementation of a progressive income tax, and the promotion of digital taxation to improve tax compliance and reduce tax evasion.

Furthermore, the book emphasizes the importance of public participation and transparency in the tax system reform process. It suggests that building a robust tax administration system, enhancing taxpayer education, and fostering dialogue between the government and the public can help create a more inclusive and accountable taxation system.

In conclusion, this book serves as a valuable resource for policymakers, academics, and practitioners seeking to understand and improve China's taxation system. By advocating for bold change and offering practical solutions, it contributes to the ongoing debate on fiscal policy and governance in China.

Weight: 528g
Dimension: 210 x 148 (mm)
ISBN-13: 9789811625923
Edition number: 1st ed. 2022