Thinking on the Tax System Reform and Development in China

11th Five-Year Planperiod of China's tax system reform have achieved remarkable results,including VAT transformation,corporate income taxtwo lawsmerger,and personal income tax,consumption tax,resource tax,agricultural tax and other tax reform,having a positive significance for the transformation of government functions.But there have been many problems such as irrational tax structure,macro-control capacity of the tax system being not strong.Based on the international environment which our tax system reform is facing being increasingly complex,if we want to achieve the transformation of economic development,regulate income distribution,implement environmental protection and other socio-economic objectives,we necessarily need a strong financial security as a support,and the tax reform will not be able to tax cuts as a precondition in short-term.So in the period of 12h Five-Year Planand the subsequent,China's tax system reform and development trend will include VAT expansion transformation,multi-faceted reform of consumption tax,reconstruction of personal income tax system,selective introduction of environmental taxes,promotion of resource tax reform comprehensively and continued imposition of property tax reform.