Modern Public Finance and Taxation

Author: Duan Yingchun
Publisher:
Publish Date: 2004-08-01
Features: The guiding principle for compiling this textbook is to coordinate knowledge and skills. It applies the fundamental theories of Western public finance and combines them with the practice of China's fiscal and tax reforms, employing a writing style that is easy for students to understand. For example, it clearly explains basic concepts, theories, and their operational mechanisms, adds examples, highlights practicality, and systematically introduces the latest research findings in the field of fiscal and tax matters. It cites abundant historical data to help students gain a direct understanding of fiscal theory and macroeconomic development. Additionally, a supplementary exercise book has been compiled to enhance student interest and deepen their understanding of practical issues. This textbook consists of two parts: Part I: Fiscal Section, with a total of six chapters. It broadly introduces the relationship between a market economy and public finance, discusses government revenue and expenditure activities, analyzes fiscal deficits and government debt issues, the basic content of national budgets, and China's fiscal division and transfer payment system. Part II: Taxation Section, with a total of five chapters. Considering that taxation is the primary source of revenue in China, this part systematically introduces the basic theories of taxation, the structure of the tax system, and the fundamental content of areas such as value-added tax and income tax, as well as tax policies. When this book went to print, China was in the process of piloting tax law reforms, so the authors strove to include some forward-looking content in the textbook.