On the Lack of Tax Credit of China:Reasons and Suggestion

Tax credit system is based on law,credit for the guidelines for the use of tax principal,the principal tax,tax compliance among the subjects of the establishment of laws and regulations,being honest and trustworthy management.Tax credit mechanism is an important part of the social credit system,good tax credit mechanism can not do without a good social credit environment.Researching Tax Credit will benefit tax according to law,in theory,improve the tax law system,improve the system of financial expenditure,strengthen the system of restraint and supervision of incentive mechanisms;in practice,it will help to regulate the government acts,to reduce the loss of tax revenue and reduce tax costs.