Home > Taxes >		RSS
The Valuation and Inspiration of the Alternative Minimum Tax in Taiwan

In 2006 Taiwan applied Alternative Minimum Tax system,in order to allow over-application of tax relief,concession and pay little or no tax burden of companies and high-income individuals,can pay the minimum Or a certain percentage of the am
Submitted On: 04-05-2010 | Views:	Article Tools:

In 2006 Taiwan applied Alternative Minimum Tax system,in order to allow over-application of tax relief,concession and pay little or no tax burden of companies and high-income individuals,can pay the minimum Or a certain percentage of the amount of taxFrom the Asian Development Bank(ADB) annual statistical report,"Key indicators 2007", we know in 2004,the Gini coefficient has reached 0.4725 in mainland,pass over the international warning line of 0.4,the extent of the gap between the rich and the poor has to be taken response measures as soon as possible.This study used descriptive study law into line with law and literature to explore ways for Taiwan's implementation of the Alternative Minimum Tax system.Whether this system is helpful in mainland,make a few points:First,the minimum tax system is the supplementary for the current income tax system,Taiwan's current financial revenue depends much on the income tax, but the mainland's income tax revenue is not this kind of system,if effect we narrow the gap between rich and poor is not large,only the implementation of tax Personal income tax reform to strengthen the function of regulating the gap between the rich and the poor,can play a financial allocation of maximum efficiency.Finally,the most fundamental direction of the tax reform is through the establishment of a comprehensive tax reform "simple tax system,broad-based tax, low tax rate" environment,if the mainland takes the implementation of this goal,the minimum tax system has no necessary to implement.

Article Source: http://latest-finance-articles.com/Taxes/The-Valuation-and-Inspiration-of-the-Alternative-Minimum-Tax-in-Taiwan-750.html

Like the Article? Then share it with others at popular websites below:

Recommended Articles from Taxes Category: Research on Effluent Tax Based on Second-best Theory 04/01/2010 A Study on Tax Collection Cost in China 04/01/2010 China's Property Tax Levy on the Feasibility Analysis and Policy Recommendations 04/01/2010 Research on Optimization of Zaozhuang Tax Departments Tax Service 04/01/2010 The Export Tax Rebate on the Export Business Impact Study 04/01/2010 Study on the Growth Point of Local Finance and Tax 04/01/2010 Defects and Improvement of Taxpayer Service of Local Taxation Bureau in Chong Qing 04/01/2010 Research on Tax Collecting Process Re-creation of Yuzhong District Chongqing 04/01/2010 Analysis of the Planning of CETZ' Financial Revenue 04/01/2010 Study on the Base of the Property Tax Suited the Concrete Situation in Our Country 04/01/2010

Source