Characteristics And Improvement Of Chinese Enterprise Income Taxation System's Equity & Efficiency

With the reform and opening policy during 1970s, China has been going into the changing period from planning economy to market economy. Actually, changing period is the period of system-changing and system-innovation. So, countries in the changing period must do more on the reform development and improvement to confirm the turning system adapts to the development of society. Taxation system is one of the most important economic systems. And enterprise income taxation is the second biggest taxation in China, so the improvement of enterprise income taxation system is very important to our tax system. At present, fast development of economy makes the enterprise income taxation system founded ten years ago not adapt to the economy and market competition. More and more discussions are going on the problems caused by the non-equity and non-efficiency of the enterprise income taxation system. Equity and efficiency are the two important principles in the taxation system. Do these two principles exist in our enterprise income taxation system? Do these two principles must exist in our enterprise income taxation system? Our enterprise income taxation system should abide by one of two or both? How should our enterprise income taxation system reform? This paper wants to solve all these questions or at least give some suggestions.There are different kinds of conception of equity and efficiency. So the...