分税制

分稅制

fēnshuìzhì

noun

Meanings

1 tax-sharing system (between central and local governments)

Characters

Examples

HSK 6

分税制规定，有的税归中央政府，有的税归地方政府。

Fēnshuìzhì guīdìng, yǒude shuì guī zhōngyāng zhèngfǔ, yǒude shuì guī dìfāng zhèngfǔ.

Under the tax-sharing system, some taxes go to the central government and some to local governments.

HSK 7-9

实行分税制以后，中央财政收入明显增加了。

Shíxíng fēnshuìzhì yǐhòu, zhōngyāng cáizhèng shōurù míngxiǎn zēngjiā le.

After the tax-sharing system was introduced, central government revenue rose markedly.

Tips

history

Introduced in 1994: some taxes go to the central government, some to local governments, and some, such as VAT, are shared between them. Until 2018 the two kinds were collected by separate bureaus, 国税局 and 地税局; the bureaus then merged, but the revenue split itself continues.

Stroke Order

分 fēn

税 shuì

制 zhì