Huashui lawyer's article " tax preference into the law, with its rules and regulations " was published in China tax daily
Tianyong Liu, director of Huashui law firm, wrote a paper on "tax preference into the law, with its rules and regulations". This paper gives an answer to this problem from the rule level of tax legislation in China. This article was published in the special issue of tax service of China tax daily on October 9, 2020.
August 2020, The deed tax law and the urban construction and maintenance tax law were approved by the Standing Committee of the 13th National People's Congress. In the process of fully implementing tax legislation, 11 of the current 17 types of taxes have been legislated, and the draft laws of four categories of taxes have been published and entered into the substantive legislative process. Only the draft laws on tariff and real estate tax have not been published. In the process of comprehensive tax legislation, only a part of the preferential tax policies formulated by the State Council, the Ministry of Finance and the State Administration of taxation have been incorporated into the new laws, and a large part of them have not been reflected in the legal texts. In particular, the convergence of the preferential tax policies related to the people's livelihood has been widely concerned by the society. Does this mean that after the introduction of a new tax law, the past preferential tax policies are no longer applicable, or should they be maintained? How can the old preferential tax policies be connected with the new laws?