Probe - Accounting, Auditing and Taxation

Research on the Improvement Space of China's Tax Sys

Wei Zhou

Ningbo University

Jiaxin Zhang

Quanzhou economic and trade vocational and technical college

DOI: https://doi.org/10.59429/paat.v5i3.1367

Keywords: Tax System; Personal Income Tax; Tax Refor

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Abstract

Since China's accession to the WTO, the economy has ushered in rapid development, especially the foreign trade industry and non-public enterprises are important audience groups. However, it is an indisputable fact that the gap between rich and poor has gradually widened in the process of economic development. As an important distribution system of the country, the tax system is an important means to adjust the gap between the rich and the poor. Therefore, it is urgent to find out the possible drawbacks of the current Chinese tax system and formulate a tax system that is more in line with the current stage. This article will compare with the United Kingdom, Japan, the United States and other three countries to explain the problems and room for improvement in China's current stage. This article will compare with the United Kingdom, Japan, the United States and other three countries to explain the problems and room for improvement in China's current tax system.

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