Conceptual models of tax systems of asian states at different stages of economic development on the example of japan and china

Nexo Scientific Journal. 2021. Vol. 34. No. 4. P. 1355–1369.

Slepov V. A., Kosov M., Khoranyan M. E., Balandin S. A., Popkov S. Y.

The purpose of the study is to determine the role of the stage of economic development on the conceptual model of taxation in Western countries by analyzing the tax systems of Japan and China. The article provides a fundamental analysis of the tax systems of Japan and China, which includes the study of the internal macroeconomic conditions of the tax policy, the analysis of the fundamental factors of the implementation of the tax model used. Parallels have been drawn between the industrial (the predominant share of industry in the structure of the economy) China and post-industrial Japan (the predominant share of the service sector and the high rate of introduction of innovative technologies into the economy). The features characteristic of the industrial and post-industrial tax systems of the countries of the Asian region have been formulated based on the conducted analysis. The conclusion of the study was a vector model that characterizes the main elements of the tax policy.

Keywords: Japan, tax system, tax incentives, Asia, China