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The national tax system was established on November 24, 1949
On November 24, 1949, the national tax system was established.On November 24, 1949, the Ministry of Finance of the Central People's Government convened the first national tax conference. This conference determined the scope of national taxation as: tariffs, salt tax, goods tax, one trade tax, printing tax, transaction tax, deposit interest income tax, inheritance tax, salary remuneration income tax, special consumption behavior tax, slaughter tax, housing tax, land price tax, license tax 14 types. This conference formulated tax law, tax rate and tax objectives, the implementation rules of the national tax administration, the draft regulations for the provisional organization of the national tax authorities at various levels.


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