China

  • General Principles of Taxation in China: An Overview of the Tax System

    China's tax system is a complex and evolving framework that plays a crucial role in the country's economic development. It is designed to support government revenue, regulate economic activities, and promote social equity. This article provides an overview of the basic concepts of taxation in China, the principles of the tax system, and how it applies to both individuals and businesses.

Tax Burden Comparison: EU, NAFTA, APEC, UAE, Mercosur

Comparison of tax burden (as a percentage of GDP) across different economic unions.

This chart illustrates the comparison of tax burdens across five major economic unions. The tax burden is the percentage of GDP spent on taxes and is an important indicator of the economic environment in each union.

Source: OECD, World Bank

© Finexplain.com. All rights reserved. No copying without permission.