证券交易印花税优化机制研究

Research on the Optimization Mechanism of Stamp Duty of Securities Trading

《中华人民共和国印花税法(草案)》的通过意味着证券交易印花税的存废之争结束。证券交易印花税在增加中央税收、股市宏观调控等方面有重要功能,但证券交易印花税之前的弊端仍然存在。通过梳理我国证券交易印花税的发展历程及税收收入、税率调控情况,分析并指出其存在税基过窄、资源配置不优和宏观调控职能效率不高等问题,建议政府从拓宽征收范围、差异化课税和加强市场监管与信息披露两个方面优化证券交易印花税。

The passing of the Stamp Tax Law of the People’s Republic of China(draft) means the end of the debate over the preservation and abolition of the stamp tax on securities trading.The stamp tax on securities trading plays an important role in increasing the central tax revenue and macro-control of the stock market,but the drawbacks existing before the stamp tax on securities trading are still there. The article through combing the development of the securities transaction stamp tax,and tax revenue,tax regulation,analysis points out that the existence of too narrow tax base,the allocation of resources is not optimal and low efficiency of the macro-control function defects,suggested the government from broadening the scope of tax,differentiation,and to strengthen market supervision and information disclosure two aspects of optimization of securities transaction stamp tax.