Fiscal law is the general name of legal norms to adjust the relationship between national fiscal revenue and expenditure. In the legal sense, finance can be defined as the revenue and expenditure activities of various relationships formed in the process with the state as the main body.
Tax law is the legal system of taxation, the general name of legal norms regulating tax relations, and an important part of national laws. Based on the Constitution, it is a legal norm that regulates the rights and obligations of the state and social members in tax collection, maintains social and economic order and tax order, and safeguards national interests and the legitimate rights and interests of taxpayers. It is also the code of conduct for national tax authorities and all tax paying units and individuals to collect taxes according to law. Tax law in a broad sense; It refers to the general name of the legal norms formulated by the state to regulate the rights and obligations between the state and taxpayers in tax collection and management.
The functions of fiscal and taxation policies are as follows:
1, the tax policy has a multiplier effect, and the tax multiplier refers to the ratio between the national economic changes caused by the tax policy and the tax changes. Because government taxation will cause taxpayers' economic burden, taxation is the shrinking force of national income;
2. Tax policy has the function of regulating personal income. The adjustment effect of tax on personal income means that the government changes and adjusts the market distribution result of personal income according to the requirements of social equity principle, and promotes social stability and economic development;
3. Tax policy has the function of automatic stabilizer. The automatic stabilizer effect of tax policy means that under a given tax policy, the progressive tax system will automatically carry out reverse economic adjustment with economic development and slow down economic fluctuations;
4. Fiscal and taxation policies can control the deficit, increase revenue and reduce expenditure, promote reform and adjust the structure.
legal ground
People's Republic of China (PRC) tax collection management law
Article 61 If a withholding agent fails to set up and keep the account books for withholding and collecting taxes or keep the accounting vouchers and relevant materials for withholding and collecting taxes in accordance with the provisions, the tax authorities shall order him to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of not less than two thousand yuan but not more than five thousand yuan shall be imposed.