The Reform of Consumption Tax from the Perspective of Functional Orientation in the New Era of China

DOI

10.2991/hsmet-18.2018.16How to use a DOI?

Keywords

consumption tax, tax scope, tax rate

Abstract

Consumption tax is an important auxiliary tax with multiple functions. As time goes, it can be given some new orientations: such as replacing some functions of personal income tax to improve the progressiveness of the taxation system; replacing some of the functions of business tax to implement industry regulation more effectively; making up for the defect of VAT and improving the efficiency of resource allocation; making up for the lack of local taxes and build a new pattern of income distribution among central and local governments. Reasonable expansion of the tax scope and the appropriate adjustment of tax rate will help consumption tax to better meet the requirements of the new era. Since China's consumption tax was formed in 1994, after more than 20 years of development and changes, its position has always been to obtain fiscal revenue, correct external economy, promote social fairness and guide consumption. In recent years, the reform of replacing business tax with VAT is being fully promoted, the ecological environment is deteriorating, the gap between the rich and the poor is gradually expanding, some “bad” consumer behaviors are being deviant and paranoid. The functioning of the consumption tax has been placed on Greater hope and higher requirements.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yang Liu
PY  - 2018/06
DA  - 2018/06
TI  - The Reform of Consumption Tax from the Perspective of Functional Orientation in the New Era of China
BT  - Proceedings of the 2018 3rd International Conference on Humanities Science, Management and Education Technology (HSMET 2018)
PB  - Atlantis Press
SP  - 65
EP  - 70
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-18.2018.16
DO  - 10.2991/hsmet-18.2018.16
ID  - Liu2018/06
ER  -