Study On The Comparison Of Corporation Income Tax Law System Between China And Kazakhstan

Corporation income tax a widespread tax category imposed by most countries, and it occupies an important place in legal system of tax revenue. For developing countries, to consummate their own corporation income tax system will be helpful for promoting the long-range development of domestic enterprises, attracting foreign investment, and speeding up their economy development.Nowadays, both China and Kazakhstan are undergoing a high rate of economic development. Both of them realized the transformation from planed economy to market economy in early 1990s. The two countries began to set up their own business income tax system in 1990s respectively. During the reform of business income tax system, Kazakhstan borrows lots of ideas from developed countries. With the corporation income tax system of developed countries as original version, Kazakhstan set up its own market economic business income tax system, which is the first country in Commonwealth of Independent States.Combining with the basic theories of tax law, this paper will analyses the legislative background, history, and status quo of corporation income tax law of Kazakhstan. And it will also compare the corporation income tax system between China and Kazakhstan, and conclude the useful experience of Kazakhstan coporation income tax system.