Analysis of Corporate Income Tax in Conditions of China including Evaluation of Tax Burden on Business Entities

Abstract

The development of China's corporate income tax is becoming more and more mature. The government draws on the experience of international tax system reform, and proposes a tax system reform direction of simplifying the tax system, broadening the tax base, lowering the tax rate, and strictly administering it. China's corporate income tax reform has established a fair and reasonable environment for economic and social development, effectively aroused the enthusiasm of market economic entities, and promoted sustained and rapid economic growth. This thesis introduces the reform and development of China's corporate income tax, describes the application of the tax burden theory in corporate income tax collection, illustrates the role of corporate income tax preferential policies in reducing the corporate tax burden and supporting corporate development, and analyzes tax cuts. The negative effect and significance of promoting high-quality economic development. This paper further illustrates that the tax burden is the core of tax policy, the core of realizing the scientific development of economic taxation, and the core of tax administration under the background of economic globalization.