What Is The Fiscal Tax Sharing System?
Fiscal tax sharing system According to the principle of fairness and efficiency, based on the scientific and rational division of powers and the jurisdiction of the central and local governments, we should divide and establish the two central and local governments based on the characteristics of various taxes and the size of tax sources, and the degree of difficulty in collection and management. tax revenue The system should be managed in a hierarchical way, giving full play to their respective taxes on the macro and micro levels. Economics A financial management system to ensure the smooth realization of functions of governments at all levels. The tax sharing system was implemented in various provinces and municipalities in 1994.
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