The Coordination of the "Economic Duplicate Taxation" Issue of Listed Companies in the Heavy Equipment Industry

DOI: https://doi.org/10.62517/jse.202511118

Author(s)

Defa Cai,Chenyang Zheng , Zhengyu Wang*

Affiliation(s)

School of Public Finance and Administration, Harbin University of Commerce, Harbin, China *Corresponding author

Abstract

In 2024, China's enterprise income tax reached 408.87 billion yuan, and personal income tax reached145.22 billion yuan, accounting for 23.36% and 8.30% of the total tax revenue of 749.72 billion yuan respectively. The combined share of the two taxes accounted for 31.66% of the total tax revenue, making a truly dominant tax category.At present, there are some frictions in the designed mechanism of the main tax categories of resource tax, such as the problem of "economic repeated taxation, among which the heavy equipment industry is the most prominent. The study shows that implementing the attribution system of income tax is an optional and inevitable choice to optimize current tax system.

Keywords

Listed Company; Economic Duplicate Taxation; Classical System; Attribution System; Dual-Rate System

References

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