Research On The Administration Of Potential Sources Of The Corporate Income Tax

The administration of potential sources of the corporate income tax is one of the core activities of tax authorities at all levels. As an essential component of raising tax revenues, the revenue source administration also effectively help regulate the economy and safeguard the country’s revenue capabilities. This work has received increasing attention from the tax authorities, especially since the CIT law was promulgated. As China’s economy evolves into new normalcy, the revenue source administration should be strengthened to effect economic transformation and industrial restructuring. Only in this way could the tax policies released at the central level be implemented at sub-central levels and the administration efficiency and compliance level be boosted. This will also help achieve our target of scientific, refined and specialized administration of corporate income tax.The paper reviews the literature on the administration of corporate income tax revenue sources, and adopts theoretical analysis and empirical research. It suggests many relevant solutions to administrative challenges as the size of the corporate income tax revenue increases and the pursuit for better taxpayer services poses an daunting challenge while the administrative resources are scarce.The paper comprises six chapters. The introduction describes the background and significance of this research, and sets out the logic and methodologies adopted. Chapter 2 examines the concepts and theories in the area of CIT source administration, and considers the content, history and theoretical rationals. Chapter 3 considers the status-quo, which includes the good practices and challenges in this area. Chapter 4 examines and summarizes the best practices in the area in other countries. Chapter 5 offers some suggestions on how to improve the administration of CIT revenue sources.Chapter 6 draws conclusions of the research.