economic information daily reporter learned from the industry, china's tax statutory implementation into the fast lane, a number of tax legislation ushered in a comprehensive attack. up to now, china has completed legislation on 8 existing tax categories, according to the principle of tax statutory implementation by 2020, there are still 8 substantive laws on tax categories, and a procedural law namely tax collection management law to be legislated. at present, relevant departments are pressing ahead with relevant preparations and finalizing the legislative timetable.
the authoritative experts in the industry predict that the resource tax, urban maintenance and construction tax, stamp tax and other taxes are expected to be completed within this year, the tax administration law is expected to be submitted for review within this year, and the value-added tax law and other major tax reform content, the year is expected to have substantive progress in content drafting and other aspects.
in 2013, the third plenary session of the 18th cpc central committee adopted the "decision of the cpc central committee on several major issues related to comprehensively deepening reform", which clearly put forward for the first time the "implementation of the principle of statutory taxation". in accordance with this principle, the new tax should be enacted corresponding tax laws, the existing tax regulations should be revised into law. in recent years, many financial laws and regulations in china have been formulated in a fast and steady pace. especially since the second half of 2018, almost every meeting of the standing committee of the national people's congress has included the contents of relevant tax laws, and the statutory tax system has entered the fast lane.
the country during the two sessions this year, the finance and economic committee of the national people's congress deputy director of the committee members ri-tu wu said that so far, the standing committee of the national people's congress has formulated the environmental protection tax, tobacco tonnage tax law, transport of tax law, tax law, tax, cultivated land occupancy vehicle purchase tax, changed the law on corporate income tax and individual income tax law, as well as the resources tax law draft for the first time for consideration. next, financial will supervise and urge relevant departments to value added tax, consumption tax, property tax, tariff, urban maintenance and construction tax, deed tax, stamp tax administration (change) of the draft law drafting, completes the preliminary review of the draft law, to ensure timely completion of tasks to carry out the tax revenue legal principle of legislation.
the ministry of finance's recently disclosed legislative plan for 2019 also shows that it will strive to complete the drafting of the value-added tax law, consumption tax law, stamp tax law, urban maintenance and construction tax law, land value-added tax law, customs tax law and other ministries within this year, and report to the state council in a timely manner.
liu jianwen, a professor at peking university law school and president of the fiscal and taxation law research society of the china law society, told the economic information daily that 2019 will be a crucial and crucial year to implement the principle of statutory taxation. at present, the legislature, the executive and other departments are speeding up the implementation of this major decision deployment.
"taxation involves the vital interests of thousands of households," liu said. "tax legislation is not only to implement the principle of statutory taxation, but also to promote the modernization of national governance and the building of democracy and the rule of law." at present, it is of great significance to strengthen legislation and make up for the shortcoming of fiscal and taxation legislation and bring taxation into the framework of rule of law. in his view, the implementation of the principle of statutory taxation, there are two laws is the focus, the difficulty, one is the social from all walks of life highly concerned about the real estate tax law, two is the largest proportion of china's tax vat legislation.
"2019 will be both a year of unprecedented tax cuts and accelerated tax legislation. "as the time to complete the statutory tax task is getting closer and closer to 2020, it is of great importance and urgency to accelerate the work of tax legislation. li xuhong, director of the institute of fiscal and taxation policy and application at the national accounting institute in beijing, told the economic information daily that among several taxes to be legislated, vat is undoubtedly the biggest attraction. as the largest tax in china, vat reform is not only the main content of tax reduction and fee reduction policies, but also a major measure to improve the vat system.
a series of new policies to deepen the vat reform have been implemented since april 1. in li xuhong's opinion, while tax reform brings tax cuts and dividends to enterprises, how to balance the relationship between tax law adjustment and tax legislation and integrate vat reform contents with tax legislation as far as possible is the key to the current tax legislation work.
"we are approaching the final stage of the implementation of the tax legislation. it is expected that this year and next will be the year of comprehensive tax legislation." shi zhengwen, director of the research center of fiscal and taxation law at china university of political science and law, told the economic information daily that he expected the "hardest bones" of the value-added tax law, such as the value-added tax law, to be completed next year. on the whole, the two major aspects of this year's tax legislation are: first, we will strive to deliberate on tax legislation that has a certain basis and is relatively mature in its reform; second, we will strive to draft major and difficult tax legislation that is relatively complete and of high quality, so as to create conditions for its adoption next year.
a person in charge of the ministry of finance pointed out that in recent years, china has actively promoted tax reform, promoted the establishment of a modern tax system, launched a series of reform packages, and made significant progress in tax reform. we will launch a pilot program to replace the business tax with a value-added tax and deepen vat reform. we will improve the consumption tax system, adjust the scope and link of tax collection, and optimize the structure of tax rates. the reform of resource tax and environmental protection tax will be promoted, and the environmental protection tax law will be formally implemented from january 1, 2018.
shi zhengwen pointed out that the relationship between tax legislation and tax reform should be well handled, and the reform should be carried out on the track of the rule of law, so as to have legal basis. tax legislation involving major reforms can be explored through pilot programs to find the right policies and gain experience. the purpose of the legislation is to better guide and standardize the reform and ensure the achievements of the reform. at the same time, we should pay attention to making room for future reform.
li xuhong said that the principle of statutory taxation should play a positive role in consolidating and promoting tax reform. the final results of tax reform are mainly reflected in the determination, change and legalization of individual taxes, that is, the enactment and introduction of tax substantive law. tax reform and tax law construction are the two wheels driving the implementation of tax law and the two wings of one body. tax law and reform organic cooperation, major reform according to law, reform results through legislation to ensure; at the same time, the implementation of tax legislation guides the advancement of tax reform, and the results of tax reform are fixed through legislation.
liu jianwen also pointed out that reform and legislation should not be in opposition, to promote reform in the framework of the rule of law, at the same time through the reform to promote the implementation of statutory tax. the implementation of the tax law is a process of constantly forming consensus and an arduous and complex work that affects all the members of the body. we cannot implement it just for the sake of its implementation.
source: china financial information network