【财金视野】增值税法实施意味着什么

Core Points - The implementation of the Value-Added Tax (VAT) Law will officially begin on January 1, 2026, marking a new phase in the operation and development of this major tax type in China [2][3] - VAT is a significant source of revenue for the government, projected to generate approximately 6.57 trillion yuan in 2024, accounting for 38% of total tax revenue [2] - The VAT Law aims to enhance the scientific, stable, and authoritative nature of the tax system, incorporating practical experiences and reform outcomes into legal frameworks [3][4] Group 1 - The VAT Law represents a milestone in the process of implementing the principle of tax law, which is crucial for deepening fiscal and tax system reforms [4] - The law maintains overall tax burden levels and stabilizes the tax system while clarifying tax elements, tax incentives, and collection management [3][4] - The implementation of the VAT Law requires supporting regulations to ensure clarity and operability, with recent government meetings approving implementation rules [4] Group 2 - The completion of VAT legislation is a key step in establishing a fair and unified tax environment, with 14 out of 18 current tax types having completed legislation [4] - Continuous efforts are needed to fully implement tax law principles and build a robust tax legal framework, with other tax types like consumption tax still pending legislation [5] - The ongoing reform of the VAT system should focus on promoting a unified national market and adapting to new business models and economic developments [6]