A New Round of Tax Reform:Building a Modern Tax System with Chinese Characteristics
In December 2023,the Central Economic Work Conference proposed to plan a new round of fiscal system reform,including tax reform.This paper proposes that the new round of tax reform will,together with other reforms,continue to inject strong vitality into promoting high-quality development and accelerating Chinese modernization.The new round of tax reform should be committed to building a modem tax system with Chinese characteristics,including adapting to the modernization drive of the country,building a democratic tax system and a rule of law tax system,setting up a modem tax administration,relying on specialized management technologies,and meeting the needs of dynamic tax governance.The new round of tax reform requires optimizing the structure of tax system and realizing the reform goal of gradually increasing the proportion of direct taxes.
A new round of tax reformModem tax system with Chinese characteristicsFiscal system reform