TRENDS AND PROSPECTS OF TAX REFORMS IN CHINADownload This Article
Yoo Ho Lim, Yoon Sung Man
This study aims to identify the reform trends in Chinese tax systems with emphasis on the structural tax reduction policy that has been enforced in China’s socialist market economy system for the past 10 years. This study also intends to draw the implications of such tax reforms by identifying the relationship between China’s socialist and capitalist market economy systems along with other related tax systems and describing the tax policy trends for the last 10 years. A comparison and analysis of the differences in viewpoints on taxation between these market economy systems is also conducted. The core and specific contents of this study on structural tax reduction policy that has been enforced in China over the past decade are arranged.
Keywords: Tax, Reforms, China, Tax Reduction
How to cite this paper: Lim, Y.H., Man, Y. S. (2015). Trends and prospects of tax reforms in China. Risk governance & control: Financial markets & institutions, 5(1-1), 95-109. https://doi.org/10.22495/rgcv5i1c1art3