The State Council decided that, since 1 December 2010, China will be consolidated in the foreign-funded enterprises urban maintenance and construction tax and education expenses surtax for foreign invested enterprises, foreign enterprises and foreign individuals charged urban maintenance and construction tax and education expenses surtax. Thus, the foreign enterprises tax system enabling comprehensive unified, foreign investment enterprise in tax policy on national treatment for the "super" was completely terminated.
From 1994 to January 1, 2009, China has on foreign-funded enterprises and personal consolidated VAT, consumption tax, business tax, urban land use tax, income tax, Che chuanshui, real estate tax and other taxes, just leave the urban maintenance and construction tax and education expenses surtax two tax tail. This month, the tail is completely cut off. It should be said that this kind of internal and foreign-funded enterprise tax difference, take a progressive unification, smooth transition practices generally comply with China's economic development needs, its volatility and the impact is very small.
This cut off its tail symbolic significance, not on foreign investment into China have material impact. Because relative to income tax, urban maintenance and construction tax and education expenses surtax is small and fee, and in March 2007 when foreign income tax harmonization is not brought to attract foreign investment in China, this time is no reason for an exception. Of course, completely end foreign enterprise "hyper-national treatment", a number of questions still need answers and thinking.
"Differentiated" tax system for a long time, has attracted a lot of questions and discussion. In the beginning of reform and opening up, China's economic development and the lack of funds, the need for tax incentives to attract foreign investment, in fact, at that time for a market economy does not understand the essence. For a market economy in a fair, just and open almost no concept. In large development of urgent and construction funds, management of scarce presence of great contradictions, investment development thirst makes our strange bedfellows, after opening the country to attract foreign investments into China's economic development as an important demand. Objectively speaking, there is no stage of inflows of foreign investment enterprises, China's economic miracle may be greatly diminished. And foreign capital inflows, no foreign tax "differentiated" policy is not possible.
However, with the establishment of a socialist market economy reform objectives, market economy, self-improvement and essentially requires that the fair and equitable treatment to each cell of the market economy, including the enterprise. Particularly as China's development and expansion of enterprises, tax and foreign enterprises of inequality and inequality in exposure and more serious, even many domestic enterprises to evade tax by making false joint venture, fake foreign enterprise. Period, full street runs black licence car is an imprint. Taxation of inequality makes foreign enterprises in the market economy in the starting line of the marathon. Especially involving ordinary people pay real estate tax, urban maintenance and construction tax and education expenses surtax in foreign personnel. The mainland people are unequal. It can be said that foreign tax harmonization, thorough end national treatment of foreign capital "hyper" is the inevitable market economy mechanisms, and that it is a fair, just and open market appeal of the core environment, but also to the Chinese mainland enterprises and people's largest fair.
Also, in the global economic crisis is still shrouded in a haze of time, the market has long been coveted for global capital gold resort. The environment has not allowed us to use the "mix-and-compensation" means to attract foreign investment.
Of course, after the abolition of the preferential tax policies for attracting foreign capital, on the specific attraction of local Government also put new demands. From the macro, as soon as possible the improvement of the market economy system, improvement of market economy and the rule of law is fundamental; from micro-level, the need to improve government efficiency and improve the quality and level of government services, in particular the Government to create a legal, fair, just and open market environment, establishing an open, transparent and efficient government administrative environment. If eradicated, procrastination, inefficient, Obscura, corruption-ridden, it will definitely affect investment efficiency.
Need to be wary of is, from the national level after the foreign tax harmonization, some local governments in GDP performance impulse, force may also be discounted on the land concessions and other aspects of domestic and foreign capital enterprises new inequalities, which requires monitoring.
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