我国现行证券税制及其功能完善

Study on the Constitution of Chinese Securities Tax System and Its Improvement

良好的证券税制不仅是证券市场优化资源配置功能的重要制度保障,而且其本身就是完善资本市场的重要组成部分。本文通过对中国证券税制的制度功能进行反思,认为当前以证券交易印花税为主体税种的单一税制不仅难以保证足够的财政收入,更无助于增进市场效率和维护社会公平。因此,提出在保证较低整体税负的前提下,构建科学合理的复合税制体系。

A proper securities tax system is not only a very important systematic guarantee on the optimum resources allocation function of securities market, but also one of the important components of improving capital market. Having studied the securities tax system in China, the paper puts forward that the current single tax system of stamp duty in securities market cannot guarantee the fiscal and cannot promote the market efficiency and social equity. Therefore, it concludes that under the premise of maintaining a relatively low tax burden, we should construct a scientific and reasonable multiple tax system.