Tax Priority Research

Taxation is an important resource of a country's public financial revenue, which constitutes the majority of such revenue as well.In consideration of taxation's decisive role in the national economy, and for the purpose of guaranteeing taxation in accordance with the law,every nation has stipulated many measures, among which the taxation priority system is adopted to ensure taxation's preferential position of being indemnified.At present.it is a quite outstanding issue that the state taxation can not be effectively safeguarded in the case of economic disputes, enterprise reconstruction and bankruptcy in China.In 2001,the taxation priority system was officially established by the revision of the Law on the Imposition and Management of Taxation in P.R.C. by the Standing Committee of National People's Congress. Such system bears an important meaning by providing a powerful guarantee of the smooth levy and payout of the taxes.However.the stipulations concerning the taxation priority in the above mentioned law are relatively simple,part of which are still to be further discussed.Starting with the nature of the taxation priority,the thesis attempts to explore some specific issues arising from the construction of the taxation priority system and make a certain number of proposals after the comparison research with the current law system of China,in the hope that this thesis herein will make some contributions to the improvement of the taxation priority system in China.