Study On Tax Law System Of Modern Service Industy

With the ever-accelerating rhythm of transformation of the global economy fromthe industrial economy to service economy, new industrial revolution, which ismodern service-oriented, has gradually broken the “dominant position” of thetraditional industrial revolution in the economic development. It is increasinglyplaying out its more and more significant role, which results from the developmentand extensive application of the high-tech, and from the fact that the constantlytransforming and upgrading service also changed its traditional image of a singlestructure as well as a lack of innovation. An endless stream of new form emerges,including information technology, exhibition, consulting, creativeness, whosedeveloping momentum is so rapid as to create colossal economic benefit and to have aprofound socio-economic implications. It is said that the development of modernservice industry has been the inevitable choices of all countries to get rid of theshackles of limit resource, to ease the employment pressure, and to upgrade industry.Therefore, the development of modern service industry in recent years has been paidmore attention by our government, and it achieves a long-term progress in some areas.Nevertheless, confined by the economic base and the institutional environment, thedevelopment of service industry in China cannot gain a strong and sustained supportno matter in the construction of the external environment system or in the internalfunding and training of human resources. This paper tries to analyze the modernservice industry from the angle of tax system, and thus to identify the systembottleneck which restricts the current development of service industry.From international experience, the construction of tax law system and itsimplementation of quality will largely affect the level of development of modern service industry. While developing modern service industry, nearly all the countries inthe world attach great importance to role of regulating and promoting in tax andgradually establish a tax law system adapted to level of domestic service industry. Incontrast, the modern service industry in China started late and its correspondent taxlaw system is relatively lagging behind, which becomes the obstacles of thedevelopment of modern service industry in China. Therefore it is of great prominenceto analyze the status quo of China’s tax law system and learn from foreign experiencefrom the point of view of system construction, in anticipation for the improvement oftax law environment in China’s modern service industry.The first chapter of this paper accurately defines the concept of modern serviceindustry and in the meanwhile points out the significance for the development ofmodern service industry; the second chapter thoroughly analyzes China’s modernservice industry from the aspects of business tax, value-added tax and enterpriseincome tax, and points out their main problems; the third chapter, based on thesummarization and consideration of tax law system in modern service industry of theworld, sums up some experience that is worth for reference; the final chapter, which isdirected at the realistic problem in China’s tax law system, puts forward the basicconception of improving China’s tax law system in modern service industry, andelaborates the basic path of combination of business tax and value-added tax and thebuilding of tax incentives system in China’s modern service industry.