Peculiarities Of Tax Administration Of Cross-Border Goods Movement In Russia And China

Abstract

This article examines tax systems of Russia and China with an emphasis on value added tax (VAT) and an analysis of customs procedures implemented in the countries. Comparison of the mechanisms for calculating and levying VAT in Russian and Chinese tax practice made it possible to identify the strongest sides and vulnerable elements of the Russian and Chinese VAT systems. The comparative analysis covered the structure of tax authorities management, legal framework, tax rates, categories of VAT payers and export VAT refund schemes. The structure of tax authorities management in both countries is roughly similar, due to the similar structure of the reporting lines from the Ministry of Finance to the subordinate bodies. A distinctive feature of China is that the registrant is required to obtain approval from the State Administration of Industry and the Ministry of Commerce to open an enterprise. Moreover, an additional operating permission should be obtained from the National Development and Reform Commission if the enterprise is a priority for the development of China's economy. Of particular interest for the analysis of the VAT system in the studied countries is the category of taxpayers entitled to VAT refunds. The issues of the specifics of changes in the customs legislation of Russia and the People's Republic of China before and after joining the World Trade Organization are touched upon.

The article is not prepared yet for the html view. Check back soon.

Copyright information

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

About this article

Publication Date

31 March 2022

eBook ISBN

978-1-80296-124-9

Publisher

European Publisher

Volume

125

Print ISBN (optional)

-

Edition Number

1st Edition

Pages

1-1329

Subjects

Cite this article as:

Zalaltdinov, M. M., Zakharova, G. P., & Gatina, F. F. (2022). Peculiarities Of Tax Administration Of Cross-Border Goods Movement In Russia And China. In & I. Savchenko (Ed.), Freedom and Responsibility in Pivotal Times, vol 125. European Proceedings of Social and Behavioural Sciences (pp. 365-371). European Publisher. https://doi.org/10.15405/epsbs.2022.03.44