China News Service, Beijing, February 4 (Liang Xiaohui, Xing Chong, Li Jingze) "Implementing the statutory principles of taxation" is an important reform task proposed by the Third Plenary Session of the 18th CPC Central Committee.

According to the deployment, the task of "implementing the legal principles of taxation" should be completed in 2020.

  Wang Ruihe, director of the Economic Law Office of the Legal Work Committee of the Standing Committee of the National People's Congress, said recently that at present, the value-added tax, consumption tax, stamp duty, and customs levied in accordance with the relevant tax regulations of the State Council have not yet been submitted to the Standing Committee of the National People's Congress.

  Previously, China made it clear that when new taxes are imposed, corresponding tax laws should be formulated through the National People's Congress and its Standing Committee, and arrangements have been made for when the current tax regulations are revised up to law or repealed.

  Wang Ruihe introduced that during the Standing Committee of the 12th National People's Congress, the Environmental Protection Tax Law, Tobacco Leaf Tax Law, and Ship Tonnage Tax Law were formulated, and the corporate income tax law was revised.

The Standing Committee of the 13th National People’s Congress revised the Personal Income Tax Law (Revision), Value Added Tax Law, Consumption Tax Law, Resource Tax Law, Real Estate Tax Law, Customs Law, Urban Maintenance and Construction Tax Law, Farmland Occupation Tax Law, Vehicle Purchase Tax Law, Deed Tax Law, Stamp Tax Law, and Tax Law. The Levy Management Law (Amendment) was included in the legislative plan. In 2018, the Arable Land Occupation Tax Law, the Vehicle Purchase Tax Law, the Personal Income Tax Law were revised, the Resource Tax Law was enacted in 2019, and the Urban Maintenance and Construction Tax Law and Deed Tax Law were enacted in 2020.

  "We will continue to do a good job in tax legislation in accordance with the legislative plan and the annual legislative work plan. At the same time, we will also urge relevant departments to speed up the drafting of relevant tax laws, and submit the relevant draft tax laws to the Standing Committee of the National People's Congress for deliberation and advance Implement the task of reforming the legal principles of taxation." Wang Ruihe said.

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