Tax expenditure theory innovation and institutional exploration

Author: Lou Jiwei Xie Xuezhi
Publisher:
Publish Date: 2003-08-01
Features: The tax expenditure system is a new concept and represents an innovative approach to establishing a scientific and systematic management system for tax incentives. In recent years, with the continuous maturation of tax expenditure theory and practice, major developed countries in the West have essentially established this management system. They have achieved significant results in statistics, evaluation of tax incentives, and enhancing the effectiveness and rationality of tax incentive policies. Establishing a scientific and standardized tax expenditure management system in China is not only necessary for the government to improve the national fiscal management system but also a requirement for China to adapt to the socialist market economy system and integrate into the global economy after joining the WTO.