Business, Management and Accounting
5 years ago

China's Tax System Reformation to Align with International Standards for Economic Growth.

Journal of Jiaying University
Reformation and Perfection of China's Individual Income Tax for Reference of International Experience
Li Guo

Paper Summary

The individual income tax system in China needs to be improved to align with international standards. The current system has flaws in how taxes are collected and managed. By learning from other countries' experiences, China can make its tax system more efficient and in line with global practices. This reform is necessary for the country's market economy and overall tax system improvement.

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