OPPORTUNITIES TO USE THE CHINESE EXPERIENCE TO IMPROVE THE RUSSIAN TAX SYSTEM
This article examines the experience of improving the current tax system in China. Special attention is paid to the analysis of the approaches used by the state to modernize the tax system in relation to organizations. It is concluded that the experience of China is of great interest from the perspective of modernization of the Russian tax system in the context of globalization and the growing challenges of the information economy in terms of reducing the number of taxes and fees, as well as simplify the current tax system. In recent years, there has been a general trend of reducing business taxes to ensure the economic development of countries. Despite the fact that the Russian Federation has a relatively small number of types of taxes for businesses compared to the global average (23), a reduction in the number of tax encumbrances, especially for legal entities, will contribute to a balanced tax system and ease of application of taxation. In this regard, the experience of the People's Republic of China, as one of the dynamically developing economies, is interesting, where today only 7 types of taxation apply to organizations.