Author(s)

Su Jianping

Corresponding Author

Su Jianping

ABSTRACT

the Advancement of the New Era Process is Intensifying the Competition for Liquidity Capital among Countries, and the Global Tax Competition Will Continue. Facing the Global Tax Competition, China's Choice and Response is of Great Significance. Firstly, Based on the Basic Facts of Global Tax Competition in the New Era, This Paper Analyzes the Potential Impact and Countermeasures of Global Tax Competition Based on the Research of Tax Competition and Tax Cooperation in Academic Circles. Considering That the Domestic Economic Growth is Slowing Down, There Are Still Some Problems Such as Imperfect Social Security Mechanism, Uneven Income Distribution, and Serious Environmental Pollution. Facing the Increasingly Fierce Global Tax Competition, China Does Not Have the Conditions of “Competition Against Competition”, So It is Very Difficult to Respond to Tax Cuts of Other Countries in a Competitive Way. to Balance the Relationship between the Strategic Objectives of Domestic Development and the Pressure of Global Tax Competition, We Need to Deepen the Reform of Domestic Tax System and Promote International Tax Cooperation: to Improve the Progressiveness of Personal Income Tax, Set Up Inheritance Tax, Gift Tax, Differential Value-Added Tax Rate, and Improve the Value-Added Tax of Polluting Products; to Actively Play the Role of Tax in Building a Common Prosperity, Open and Inclusive World Can Advocate the Establishment of the World Tax Cooperation Organization and the Construction of the Tax Information Sharing Database.

KEYWORDS

New Era, Tax Policy, Reform Research