About this paper

In 1994，tax － sharing reform is the cornerstone of china’s socialist market economy． Based on the review of the process of tax － sharing reform about two decades，we analyzed the problems of the current tax system，made clarification of the “land finance”and the local government debt，both of them occurred after the tax － sharing reform，and point out the“four relations”we need focus on during the tax － sharing reform: tax － sharing reform and the equalization of basic public services; Financial system reform and the construction of the main functional areas; Financial system reform and the urbanization; The reform of sales tax and value － added tax and the financial system reform． Finally，we gave some proposals for improving and deepening the tax － sharing reform．

Reference

Bai Yanfeng, Wang Kai. Two Decades of Tax － Sharing System Reform in China: Review and Prospect [J]. Xinjiang Finance and Economics, 2014(1): 5-13.