When the Belt and Road Initiative Meets BEPS: Reforming China's Foreign Tax Credit Rules in the New Era

Today, international taxation is at an inflection point. The implementation of action plan on base erosion and profit shifting (BEPS) and enforcement of the Belt and Road Initiative are reshaping taxation rules and principles. As a crucial aspect of outbound taxation, foreign tax credit is expected to embrace the normative objectives of the new era, which emphasize the importance of subjecting all trans-border business activities to equitable, efficient, and coordinated taxation. Currently, China’s foreign tax credit prescribes in an incompatible pattern; it lacks clear legislative intent, despite marking specific rules with archaic unilateral characters. To reform this regime, legislative principle should reflect the latest consensus on the economic activities’ nexus and ensure that the income derived from trans-border transactions falls under a minimum tax. Regarding specific rules, it is strongly suggested that active and passive incomes be distinguished and the equity holding threshold of obtaining indirect credit be lowered. China’s foreign tax credit reform should take an inclusive perspective, actively participating in the cooperation between countries.     

The Evolution of Public Service Provision by the Third Sector in France

Public services have been externalised, in part, to the non‐profit sector in France and in the United Kingdom. This article begins by reviewing relations between the public and non‐profit sector in France before 2008, and its evolution since. This has been characterised by the slow reduction of public funding, the adaptation of non‐profit associations and organisations, and their clearer positioning within a wider ‘social and solidarity economy’, which was consolidated by a framework Law in 2014. The article then examines the current sharing of responsibilities between the public and non‐profit sectors in education, health and social services, pointing to the diverse historical and political conditions which have led to this shared organisation.     

开发区高职院校人才培养模式的探索

分析"2 1"人才培养模式内涵及成效,并从营造校企合作环境、创新人才培养模式、夯实校企合作基础等方面进行探讨.     

上市公司会计信息披露与股票价格变动

会计信息与股票价格之间的关系,说明市场具有信息传递、引起股价变动的功能,即信息引起市场对股票的定价,股票价格反映了公司的市场价值以及成长性.在有效市场条件下盈利信息与股票的变动不仅与公司发展的长期性有关,而且还与公司的特性有关.但从理论上说,上市公司会计信息披露对股票价格影响的有效性是以资本市场的有效为条件的.会计盈利信息对股票价格的作用体现了股票价格对盈利信息披露的反应程度.     

国际税收制度改革新进程及其影响

针对数字经济税基侵蚀和利润转移的国际税收制度改革于2013年被正式提上议程,并逐渐形成了以双支柱为核心的税改方案。2021年10月,改革取得突破性进展,正式获得大多数改革参与国同意,计划于2023年开始在全球范围内实施。国际税收制度改革未来将对全球税收治理、全球贫富差距、数字经济发展、资本流动和避税型离岸中心等产生持续影响,也将给中国完善税收体制、发挥大国优势、吸引中资跨国数字企业回归、推动自由贸易试验区改革与创新等带来机遇。但国际税收制度改革同时会收紧中资跨国企业的海外投资环境,对香港金融稳定也会造成影响。中国应以本轮国际税收制度改革为契机积极参与,并完善税收征管机制,加快市场化建设和金融开放进程,在自贸区对标高水平国际创新,以及提升香港内生增长动力和稳定性。     

论我国劳动争议解决机制的重构

在市场经济条件下,我国一调一裁两审制的劳动争议解决机制,存在诸多问题,尤其不利于保护弱势群体的合法权益。为了促进社会和谐,为了确实维护劳动者的合法权益,有必要对现行劳动争议解决机制进行重构。本文从现行劳动争议解决机制及存在的问题入手,提出重新构建我国劳动争议解决机制。     

中国商业银行利润效率实证分析:1996-2007

通过利用随机前沿模型对1996—2007年我国商业银行利润效率指数进行测量,并分析了商业银行外部竞争和所有权结构的影响,结果表明:我国商业银行利润效率整体呈上升趋势,但除少数银行外,整体仍偏低;股份制商业银行在效率指数上优于国有银行,而由于国有银行的股份制改革,在2003—2005年间两者差距缩小,但近年又有扩大的趋势;伴随国有银行改革与非国有银行发展带来的银行业竞争,对效率有显著的促进作用。     

A Director's Duty of Loyalty and the Relevance of the Company's Scope of Business: Cheng Wai Tao v Poon Ka Man Jason

The Hong Kong Court of Final Appeal has utilised a ‘scope of business’ inquiry to delineate the boundaries of the no‐conflict rule for the company director. Such an inquiry is directed at discerning the realistic ability of the company to exploit any particular business opportunity and a strict capacity approach is eschewed, at least where the no‐conflict rule is concerned. The decision is premised on a bifurcation between the no‐conflict and no‐profit rules, suggesting that the tests to determine breach of these fiduciary rules are not necessarily the same, thus permitting a more nuanced consideration of directorial breaches.     

民事诉讼效率新探

诉讼效率低下目前已成为制约我国法制和社会发展的瓶颈之一。认识这一问题首先要明确效率与民事诉讼的效率以及其他相关概念的确切含义。其次由于诉讼活动与日俱增导致司法机关压力越来越沉重,司法资源严重不足且存在严重的资源浪费等原因,使得提高民事诉讼的效率势在必行。而要提高民事诉讼的效率,应当从增进社会总福利的角度,进行成本———收益分析和均衡分析来解决。