Meaning of 分税制
分税制 means a fiscal revenue system where taxes are divided between central and local governments according to their responsibilities and revenue sources. Pronounced fēn shuì zhì.
- a fiscal revenue system where taxes are divided between central and local governments according to their responsibilities and revenue sources
Definitions & Examples
Wǒ我
guó国
zì自
19941
nián9
qǐ9
shí4
shī年
fēn起
shuì实
zhì施
gǎi分
gé税
制
改
革
。
Our country implemented the reform of the tax-sharing system starting in 1994.
Wán完
shàn善
fēn分
shuì税
zhì制
yǒu有
zhù助
yú于
lǐ理
shùn顺
zhōng中
yāng央
yǔ与
dì地
fāng方
de的
cái财
zhèng政
guān关
xì系
。
Improving the tax-sharing system helps to rationalize the fiscal relationship between the central and local governments.
Zài在
fēn分
shuì税
zhì制
xià下
，
zēng增
zhí值
shuì税
shì是
zhōng中
yāng央
dì地
fāng方
gòng共
xiǎng享
shuì税
。
Under the tax-sharing system, the value-added tax is a tax shared between the central and local governments.