New Tax Law Practice and Accounting Treatment

Author: Zhang Jianhua, Li Zhenghua, Deng Xuelan
Publisher:
Publish Date: 2006-08-01
Features: In 1994, China carried out a comprehensive tax system reform, enacting and implementing a series of new tax laws, regulations, and rules, marking a key step toward standardization, scientification, and legalization of China's tax system. With the further development and improvement of China's socialist market economy, the tax management system and tax legal system have also been continuously developed and refined, with new laws, policies, and regulations on taxes constantly being introduced. Tax collection and payment itself is a complex business activity and also a serious legal act. All of this tells us the necessity of relearning and continuous learning. Especially in the past one or two years, the abolition of various agricultural taxes, the suspension of taxes such as slaughter tax and banquet tax, and the abolition of the regulation tax on fixed asset investment, as well as the revision of personal income tax and consumption tax, have drawn great attention. In terms of tax accounting treatment, the issuance of new accounting standards has also brought significant changes to tax accounting practices. To assist readers in learning, understanding, familiarizing themselves with, and mastering China's new tax legal system, policies, and operational methods, and to better implement China's new tax system to meet the practical needs of economic work, we have written this book.