The OECD has just released two relevant working papers on tax matters:
“This paper discusses how tax policies have responded to fiscal and macroeconomic developments over the past five years and these longer-term structural economic developments”.
“This paper compares the tax system in China with the tax system in OECD countries and the tax reforms China and OECD countries have implemented in the past. The analysis focuses on those taxes and tax issues which are currently on China’s reform agenda, including the consumption taxes (especially the integration of the “business tax” into the VAT), environmentally-related taxes, the personal income tax, fiscal relations between the central and sub-central levels of government and property taxes”.
(From the OECD Newsletter)