From Jan. 1st, 2009, the value-added tax transformation will be performed in all industries around the country. Based on value-added tax types and retrospection of reform practices, this article analyzes the backgroun...From Jan. 1st, 2009, the value-added tax transformation will be performed in all industries around the country. Based on value-added tax types and retrospection of reform practices, this article analyzes the background of the national value-added tax transformation and points out the influence of full implementation of the value-added tax transformation on various enterprises.展开更多
This paper deals with the approach to imposing value-added tax （VAT） on financial transactions. The VAT is a highly harmonized consumption tax within the European Union （EU）. VAT operational rules have been set do...This paper deals with the approach to imposing value-added tax （VAT） on financial transactions. The VAT is a highly harmonized consumption tax within the European Union （EU）. VAT operational rules have been set down by the relevant directive of the Council of the EU. Under the directive, it is possible to select either exemption or taxation of financial transactions. Only the first option is permitted in the Czech Republic. Pros and cons of both models are described, in particular, the problems with determining the difference between financial transactions and other similar performance that must always be subject to tax. Potential lower VAT revenue or tax base assessment, as appropriate, seems to be crucial in the case of the taxation of financial transactions.展开更多
The value-added tax(VAT)in China is levied and allocated based on the origin principle.Under the background of the increasing substitution of online retail for traditional offline retail,this mechanism will exacerbate...The value-added tax(VAT)in China is levied and allocated based on the origin principle.Under the background of the increasing substitution of online retail for traditional offline retail,this mechanism will exacerbate the disparity of regional tax revenue,and intensify tax competition among local governments.Therefore,reconsidering the allocation mechanism of value-added tax in China can be an important policy decision,and it is influenced by various economic and social factors.Firstly,we utilize large-scale retail transaction data from an e-commerce platform to measure regional disparities in retail and consumption among different regions and then reveals present tax policy results in revenue imbalance in different regions.Secondly,we establish a model based on game theory to illustrate how the origin principle leads to fierce tax competition among regions.Furthermore,by establishing and solving tax allocation models between local governments and the central government,this study simulates and calculates the degree of revenue imbalance under different scenarios and attempts to propose policy measures.The results indicate that implementing the destination principle will reduce regional tax imbalances.Moreover,adjusting the allocation ratio between the central government and local governments based on city levels is advantageous for further reducing regional tax revenue disparities.展开更多
The consumption tax reform is not only an important point of the construction of ecological civilization,but also a livelihood project related to the vital interests of consumers in China,which has aroused a heated di...The consumption tax reform is not only an important point of the construction of ecological civilization,but also a livelihood project related to the vital interests of consumers in China,which has aroused a heated discussion.Current popular ideas and plans of the consumption tax reform are directly moved by the developed countries.Therefore,it is bound to lack the support of the people.It is not adverse to the construction of ecological civilization and not conductive to the great rejuvenation of the Chinese dream.In the era of ecological civilization,the reform of the consumption tax needs to adopt the system thinking,taking into account multiple aspects of China’s tax system construction,tax fairness and environmental protection.Only by adjusting the taxation scope,refining the rate and perfecting tax link,etc.from overall thinking can the reform be successful.展开更多
With the continuous improvement of people＇s income level,cosmetic industry developes rapidly in China.The author carried out a research on the current consumption tax policy of cosmetics,taking the increasingly serio...With the continuous improvement of people＇s income level,cosmetic industry developes rapidly in China.The author carried out a research on the current consumption tax policy of cosmetics,taking the increasingly serious consumption spillover phenomenon as the breakthrough point and found that there are some problems in the tax rate and the way of collection. The author also expounded the necessity of the reform of the consumption tax from several aspects.First, consumption spillover causes crime and fake products damage consumers＇ interests.Second, the loss of financial revenue and the general trend of economic globalization require the reform of tax policy.展开更多
Consumption tax is calibrated within the price.The amount of consumption tax will directly affect the profits of enterprises.On a law-abiding premise,it is crucial to plan the consumption tax,reduce the burden of cons...Consumption tax is calibrated within the price.The amount of consumption tax will directly affect the profits of enterprises.On a law-abiding premise,it is crucial to plan the consumption tax,reduce the burden of consumption tax,and increase the profits of enterprises.This article proposes several consumption tax planning strategies and methods to provide reference for taxpayers from three aspects:the scope of tax collection,the basis of tax calculation,and the tax rate.展开更多
With the global concern about the safety of the environment and the increasing demands for carbon reduction, European countries have proposed to levy a carbon tax to reduce global carbon emissions. In the process of g...With the global concern about the safety of the environment and the increasing demands for carbon reduction, European countries have proposed to levy a carbon tax to reduce global carbon emissions. In the process of global trade, depending on advanced technology on carbon emissions, European and American countries raise the production cost of their competitors through a carbon tax to gain competitive advantage. The West＇s carbon tax will inevitably have serious implications for the export trade of China as a trading nation. As the central region, Hubei Province＇s export trade will also be affected. This paper first reviewed the background of carbon tariffs on the international market, then analyzed the impact of a carbon tax on exports of Hubei Province, and proposed relevant policies and countermeasures against trade barriers on a carbon tax at last.展开更多
Using the co-integration model and the VAR model, this article estimates the effect of carbon taxes on CO2 emissions of coal in 2020. The estimation for the long-run price elasticity of coal in China is –0.34, which ...Using the co-integration model and the VAR model, this article estimates the effect of carbon taxes on CO2 emissions of coal in 2020. The estimation for the long-run price elasticity of coal in China is –0.34, which shows more elasticity than those of previous studies. The main reason lies in the fact that none of the previous studies considered the structural breaks of Chinese energy consumption in 2006. The levy of 100RMB, 150RMB and 200RMB on per ton of standard coal from 2012 in China will decrease the consumption of coal by 4.88%, 7.31% and 9.75% respectively in 2020, which will further lead to the decrease of CO2 emissions in 2020 by 8.69%, 13.02% and 17.36% respectively. This observation implies that the use of carbon tax scheme is one of the most practical policies that can mitigate the challenge of climate change. However, the implementation measures should be deliberately designed in such a way that making heavy impact on economic development of China is avoided.展开更多
The research paper European Tax Models is a comparative member states, taking into account the main features in light analysis of the taxation systems in the European Union of the contribution of indirect and direct t...The research paper European Tax Models is a comparative member states, taking into account the main features in light analysis of the taxation systems in the European Union of the contribution of indirect and direct taxes and social contributions to the achievement of public revenues. Theme presents a topic of great interest, both theoretically and practically, given that how to place taxes has direct repercussions on the economic development of a country, and undoubtedly influence the rules of an economy, particularly in terms of investment, labor market, and social welfare. It was considered necessary in the first part of the paper to address the conceptual elements and present the most important features of tax systems and the principles that underlie them. It was studied from a theoretical perspective and it found the European tax models as follow： Nordic, continental, Anglo-Saxon, Mediterranean, and catching-up. Then, it analyzed each fiscal European model on each member country, starting from its economic indicators, based on Eurostat data. The objective of the research paper was to present a complete picture of the structure and trends of tax level of the member states of the European Union, sorted by European tax models and the impact of taxation on economic growth and social welfare. The research has concluded that, as long as the rules of the European Union, member states are free to choose their own tax system along with their fiscal policy for economic development and having in a view of their geographical, historical, and political situation.展开更多
文摘From Jan. 1st, 2009, the value-added tax transformation will be performed in all industries around the country. Based on value-added tax types and retrospection of reform practices, this article analyzes the background of the national value-added tax transformation and points out the influence of full implementation of the value-added tax transformation on various enterprises.
文摘This paper deals with the approach to imposing value-added tax （VAT） on financial transactions. The VAT is a highly harmonized consumption tax within the European Union （EU）. VAT operational rules have been set down by the relevant directive of the Council of the EU. Under the directive, it is possible to select either exemption or taxation of financial transactions. Only the first option is permitted in the Czech Republic. Pros and cons of both models are described, in particular, the problems with determining the difference between financial transactions and other similar performance that must always be subject to tax. Potential lower VAT revenue or tax base assessment, as appropriate, seems to be crucial in the case of the taxation of financial transactions.
基金supported by the National Social Science Fund for Post-Funding Projects of China(No.22FGLB056)Program for Innovation Research in Central University of Finance and Economics,and National Statistical Science Foundation of China(No.2023LY078).
文摘The value-added tax(VAT)in China is levied and allocated based on the origin principle.Under the background of the increasing substitution of online retail for traditional offline retail,this mechanism will exacerbate the disparity of regional tax revenue,and intensify tax competition among local governments.Therefore,reconsidering the allocation mechanism of value-added tax in China can be an important policy decision,and it is influenced by various economic and social factors.Firstly,we utilize large-scale retail transaction data from an e-commerce platform to measure regional disparities in retail and consumption among different regions and then reveals present tax policy results in revenue imbalance in different regions.Secondly,we establish a model based on game theory to illustrate how the origin principle leads to fierce tax competition among regions.Furthermore,by establishing and solving tax allocation models between local governments and the central government,this study simulates and calculates the degree of revenue imbalance under different scenarios and attempts to propose policy measures.The results indicate that implementing the destination principle will reduce regional tax imbalances.Moreover,adjusting the allocation ratio between the central government and local governments based on city levels is advantageous for further reducing regional tax revenue disparities.
基金funded by the research project of talent introduction of Guizhou University of Finance and Economics in 2014
文摘The consumption tax reform is not only an important point of the construction of ecological civilization,but also a livelihood project related to the vital interests of consumers in China,which has aroused a heated discussion.Current popular ideas and plans of the consumption tax reform are directly moved by the developed countries.Therefore,it is bound to lack the support of the people.It is not adverse to the construction of ecological civilization and not conductive to the great rejuvenation of the Chinese dream.In the era of ecological civilization,the reform of the consumption tax needs to adopt the system thinking,taking into account multiple aspects of China’s tax system construction,tax fairness and environmental protection.Only by adjusting the taxation scope,refining the rate and perfecting tax link,etc.from overall thinking can the reform be successful.
文摘With the continuous improvement of people＇s income level,cosmetic industry developes rapidly in China.The author carried out a research on the current consumption tax policy of cosmetics,taking the increasingly serious consumption spillover phenomenon as the breakthrough point and found that there are some problems in the tax rate and the way of collection. The author also expounded the necessity of the reform of the consumption tax from several aspects.First, consumption spillover causes crime and fake products damage consumers＇ interests.Second, the loss of financial revenue and the general trend of economic globalization require the reform of tax policy.
文摘Consumption tax is calibrated within the price.The amount of consumption tax will directly affect the profits of enterprises.On a law-abiding premise,it is crucial to plan the consumption tax,reduce the burden of consumption tax,and increase the profits of enterprises.This article proposes several consumption tax planning strategies and methods to provide reference for taxpayers from three aspects:the scope of tax collection,the basis of tax calculation,and the tax rate.
文摘With the global concern about the safety of the environment and the increasing demands for carbon reduction, European countries have proposed to levy a carbon tax to reduce global carbon emissions. In the process of global trade, depending on advanced technology on carbon emissions, European and American countries raise the production cost of their competitors through a carbon tax to gain competitive advantage. The West＇s carbon tax will inevitably have serious implications for the export trade of China as a trading nation. As the central region, Hubei Province＇s export trade will also be affected. This paper first reviewed the background of carbon tariffs on the international market, then analyzed the impact of a carbon tax on exports of Hubei Province, and proposed relevant policies and countermeasures against trade barriers on a carbon tax at last.
文摘Using the co-integration model and the VAR model, this article estimates the effect of carbon taxes on CO2 emissions of coal in 2020. The estimation for the long-run price elasticity of coal in China is –0.34, which shows more elasticity than those of previous studies. The main reason lies in the fact that none of the previous studies considered the structural breaks of Chinese energy consumption in 2006. The levy of 100RMB, 150RMB and 200RMB on per ton of standard coal from 2012 in China will decrease the consumption of coal by 4.88%, 7.31% and 9.75% respectively in 2020, which will further lead to the decrease of CO2 emissions in 2020 by 8.69%, 13.02% and 17.36% respectively. This observation implies that the use of carbon tax scheme is one of the most practical policies that can mitigate the challenge of climate change. However, the implementation measures should be deliberately designed in such a way that making heavy impact on economic development of China is avoided.
文摘The research paper European Tax Models is a comparative member states, taking into account the main features in light analysis of the taxation systems in the European Union of the contribution of indirect and direct taxes and social contributions to the achievement of public revenues. Theme presents a topic of great interest, both theoretically and practically, given that how to place taxes has direct repercussions on the economic development of a country, and undoubtedly influence the rules of an economy, particularly in terms of investment, labor market, and social welfare. It was considered necessary in the first part of the paper to address the conceptual elements and present the most important features of tax systems and the principles that underlie them. It was studied from a theoretical perspective and it found the European tax models as follow： Nordic, continental, Anglo-Saxon, Mediterranean, and catching-up. Then, it analyzed each fiscal European model on each member country, starting from its economic indicators, based on Eurostat data. The objective of the research paper was to present a complete picture of the structure and trends of tax level of the member states of the European Union, sorted by European tax models and the impact of taxation on economic growth and social welfare. The research has concluded that, as long as the rules of the European Union, member states are free to choose their own tax system along with their fiscal policy for economic development and having in a view of their geographical, historical, and political situation.
