Author(s)

Xiaojie Peng ¹, Guangxu Wang ¹, Ruiqi Guo ¹, Qiaoyi Peng ²

Affiliation(s)

¹ School of Economics and Management, Foshan Institute of Science and Technology, Foshan, Guangdong, 528000, China
² School of Mathematics and Statistics, Zhongnan University of Economics and Law, Wuhan, Hubei, 430000, China

Corresponding Author

Guangxu Wang

ABSTRACT

The rapid development of the digital economy has seriously affected the traditional cross-border tax environment. At present, China has not carried out corresponding tax reform for digital enterprises. It is vital to solve the domestic tax problems of the digital economy according to the "double pillar" scheme, actively maintain the fair environment of international tax revenue, and promote the development of international and domestic digital trade. For this reason, this paper analyzes the impact of the "dual pillar" scheme on the tax policy reform of China's digital economy from three aspects of economy, politics and regulations, and summarizes the conclusions and enlightenment of the analysis.

KEYWORDS

The Two-Pillar Solution, Digital Economy, International Taxation

CITE THIS PAPER

Xiaojie Peng, Guangxu Wang, Ruiqi Guo, Qiaoyi Peng, The Enlightenment of the "Double Pillar" Scheme on Solving the Tax Problem of China's Digital Economy. Financial Engineering and Risk Management (2023) Vol. 6: 118-122. DOI: http://dx.doi.org/10.23977/ferm.2023.060615.

REFERENCES

[1] Qi Ying. Challenges and Responses to International Taxation in the Context of Digital Economy [J]. China Economic and Trade Guide (middle), 2021 (02): 62-63.
[2] Zhang Zhiyong. Recent evolution of international tax rules: review, analysis and prospect [J]. International Taxation, 2020 (01): 3-9.
[3] Tan Shuqing. Institutional challenges and countermeasures for tax collection and management of digital economy [J]. Southern Finance, 2020 (06): 37-44.
[4] Xie Bofeng, Chen Hao. Suggestions on improving China's tax policy and management in the context of the digital economy [J]. International Taxation, 2019 (03): 20-24. 
[5] Zhu Yansheng. Double pillar scheme: natural extension of the current international tax system [J]. Tax Research, 2022 (03): 57-64.
[6] Liu Li, Chen Gaohua. Research on OECD's "Double Pillar" Reform Program and Its Impact on China [J]. International Taxation, 2020 (08): 14-23.
[7] Zhang Jin, Li Zhao, Xiao Rongmei. Trends and Reflections on the Adjustment of Tax Rules in the Global Digital Economy [J]. Taxation and Economy, 2020 (04): 95-99.
[8] Research Group of the Tax Science Research Institute of the State Administration of Taxation, Tan Heng, Li Bengui, Gong Huiwen, Sun Hongmei, Liu Hexiang, Chen Chuyin, Liu Tongzhou. The impact of digital economy on China's tax system and collection and management and related policy recommendations [J]. International Taxation, 2022 (03): 3-11.
[9] Li Hui, Zhang Cheng. The Real Dilemma of Taxation in the Digital Economy, International Comparison and Policy Suggestions [J]. Economic System Reform, 2021 (02): 167-172.
[10] Li Jinyan, Hu Shanghua. The legal challenge of OECD Pillar One Blueprint to create a global tax system [J]. International Taxation, 2021 (08): 27-38.
[11] Xu Hengrui. Research on Tax Avoidance Mechanism of Multinational Digital Platform Enterprises—Also on the Significance of the OECD “Double Pillar” Consensus [J]. Electronic Intellectual Property, 2021 (12): 76-88.
[12] Gao Jinping. Reflection on the Connection between International Tax Rules and Domestic Tax Laws in the Digital Economy [J]. Tax Research, 2019 (11): 70-76.
[13] Jiang Yuesheng, Jiang Yiran. Process, Key Points and Countermeasures: Analysis and Perspective of Pillar I Scheme of OECD Unified Approach (II) [J]. International Taxation, 2021 (02): 35-47.
[14] Li Jinyan, Chen Xin. Global tax consensus on the two pillar plan: truth exploration and legal reality [J]. International Taxation, 2022 (03): 12-23.
[15] Vella J. Digital Services Taxes: Principle as a Double-Edged Sword [J]. National Tax Journal, 2019, 72.
[16] Shi Yuhong, Research Group of Qingdao Municipal Taxation Bureau of the State Administration of Taxation, Characteristics of the Digital Economy and Tax Response [J]. Tax Economy Research, 2022, 27 (01): 47-52.
[17] Myovella G, Karacuka M, Haucap J. Digitalization and economic growth: A comparative analysis of Sub-Saharan Africa and OECD economies [J]. Telecommunications Policy, 2020, 44(2): 101856.
[18] Rigó C B, Tóth A. The Symbolic Significance of Digital Services Tax and its Practical Consequences [J]. Pénzügyi Szemle/Public Finance Quarterly, 2020, 65(4): 515-530.
[19] Deng Liping, He Huijian, Wang Zhixuan. "Pillar II" scheme, Apple tax case and competition of international tax rules [J]. Economic and Management Review, 2021, 37 (04): 18-29.
[20] Zhao Dongxi. Remodeling of International Tax Rules and China's Response to the Digital Economy [J]. Economic Research Reference, 2020 (17): 47-58.

Sponsors, Associates, and Links

---

• Information Systems and Economics
  
  
• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Accounting and Corporate Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics