Analysis Of The Cost Impact Of Foreign-invested Enterprises For Two Kinds Of Corporate Income Tax Merger.

Income tax is an important form of allocating earnings between country and enterprises, and it forms a primary area in the contemporary taxing mechanism.To fulfill opening to the outside and transforming needs,we have two different income tax systems for long:one is the "Temporary Rule for Enterprise Income Tax in PRC'" and the other is "Income Tax Law for Foreign Invested and Foreign Enterprises",separately regulating domestic and overseas enterprises.To see from the of 20 years' actual practice,in the beginning of transform,the special income tax for foreign investors has done a good work in attracting foreign capital,advanced technology,increasing employment and enforcing the investigation for foreign investors.But at the same time,with establishing and improvement of socialistic marketing mechanism,the short comings of two almost discriminate tax systems also appear more obviously,such as disunion of the income tax laws,the unjustness of income tax burden,and the difference from the international conventions,etc.The paper start from the cost analysis point of foreign invested enterprises,on the basis of comparing old tax system with the new published one,discusses about the investing cost, producing cost,operating cost,with corresponding tax countermeasures supposed.The research in the paper means a lot to either theoretical and practical application of "two income tax laws' combination".