TY - BOOK
T1 - China's emerging tax regime
T2 - Devolution, fiscal federalism, or tax farming?
AU - Krug, Barbara
AU - Zhu, Ze
AU - Hendrischke, Hans
N1 - JEL Classifications: H20, H50, H61, H70, P24, P35
PY - 2004
Y1 - 2004
N2 - China like other transition economies needs to establish a tax regime compatible with a market economy. The paper singles out the general and China-specific features by which national legislation attempts to accompany economic transformation. Based on an empirical study in two provinces this paper shows that without including local government agencies and their budgets, China’s fiscal federalism cannot be analysed. This paper argues that China’s emerging tax regime depends on the institutional design that shapes the interaction between firms (as major taxpayers at the local level), local government agencies, and the national tax administration.
AB - China like other transition economies needs to establish a tax regime compatible with a market economy. The paper singles out the general and China-specific features by which national legislation attempts to accompany economic transformation. Based on an empirical study in two provinces this paper shows that without including local government agencies and their budgets, China’s fiscal federalism cannot be analysed. This paper argues that China’s emerging tax regime depends on the institutional design that shapes the interaction between firms (as major taxpayers at the local level), local government agencies, and the national tax administration.
UR - http://hdl.handle.net/1765/1841
M3 - Report
T3 - ERIM Research Series in Management
BT - China's emerging tax regime
PB - Rotterdam School of Management (RSM), EUR
CY - Rotterdam
ER -
