Study On The Taxation Of Capital Gains In China

In recent years,China's capital market continued to flourish,the general public generally have surplus funds,while a variety of investment channels so that people actively participate in the socio-economic,the resulting increase in the number of proceeds,the basis of capital gains tax expand.By the stock trading,property rights transactions and other assets transfer transactions arising from a large number of capital gains,while increasing the social wealth,the income distribution pattern has undergone great changes,widening the gap between rich and poor.Different from the labor income,the unique and unpredictability of capital gains makes the capital market is likely to cause investors to seek short-term interests in the phenomenon of speculation,these blind speculation to a large extent on the steady development of capital markets Have an adverse effect.At present,China's tax laws and regulations,there is essentially a tax on the capital gains of the terms,but too scattered and lack of systematic,this tax is no longer suitable for China's current situation.China's capital gains as a common income,no difference in the collection of capital gains can not be a special regulatory role to play out.The research on the taxation of capital gains has made up the shortcomings of theoretical research in China and provided tax support for the better development of capital market.It has played a positive role in promoting the healthy development of capital market and strengthening the national macro-control.China is currently part of the capital gains tax,the relevant provisions scattered in a number of legal provisions,including supplementary provisions,departmental notification and other forms,failed to form the system of legal provisions.Based on the provisions of China's economic and social needs,this paper puts forward reasonable suggestions to improve the tax system related to capital gains,and to curb short-term speculation,standardize capital market,Promote the effective allocation of resources have a positive role.Therefore,the study and discussion of capital gains tax related issues on China's tax system and capital markets are very important.This paper first summarizes the basic theory which is closely related to the capital gains tax,introduces the capital assets and the two concepts and uses the comparative analysis method to define the capital gains,enumerates the theoretical basis of levying the tax,and expounds the international The principle that the profits tax is generally applicable.Next,we discuss the economic impact of taxation on capital gains.Capital gains tax has a certain impact on macroeconomic and microeconomics,and positive effects and negative effects exist simultaneously.These effects provide the direction for the development of capital gains tax,and also have constraints.And then the status quo of China's capital gains tax and the existing problems are described,the existence of both the historical reasons,but also with the current economic situation inseparable from our country.To solve the problem,you can learn from the international success stories.Britain and the United States and other developed countries have successfully levied capital gains tax,but the history of their respective countries in the development of taxation in some aspects of the difference between the two models have our country can learn from the place;Taiwan has repeatedly implemented the collection of capital gains Tax,the results are not ideal,from Taiwan this failure case we can learn from the lessons learned to avoid the same mistakes.Finally,based on the discussion of the theory of capital gains taxation,this paper draws lessons from the international experience and puts forward their own opinions on the taxation of China's capital gains based on the problems existing in our country.The main innovation of this paper is to take into account the capital gains from the real estate market.At present,domestic research on capital gains tax is more common in the securities market,while the discussion on the real estate market taxation is focused on preserving the link,and the speculation in the current real estate market is very serious.The tax on the capital gains from the real estate market The problem should also be taken seriously.The shortcomings of this paper are:not through the empirical proof of their own conclusions;because the specific policy recommendations need to model the demonstration,so only a more general policy recommendations.