{"database":"biostudies-literature","file_versions":[],"scores":null,"additional":{"submitter":["Zhang Z"],"funding":["Hainan University","National Natural Science Foundation of China","Natural Science Foundation of Hainan Province"],"pagination":["e39915"],"full_dataset_link":["https://www.ebi.ac.uk/biostudies/studies/S-EPMC11566697"],"repository":["biostudies-literature"],"omics_type":["Unknown"],"volume":["10(21)"],"pubmed_abstract":["Many developing countries use tax reform as a strategy to support national or regional development. China's tax reform of the Hainan Free Trade Port in 2025 serves this purpose. The reform replaces the existing VAT, consumption tax, vehicle purchase tax, urban maintenance and construction tax, and education fee (\"four taxes and one fee\") with a sales tax. Previous studies of tax structure reform have rarely addressed the economic impact of such a transition, and few sales tax studies have discussed the issue of optimal tax rates. To study the economic effects of the introduction of sales tax and to find the optimal tax rate, this paper uses the computable general equilibrium (CGE) model to conduct simulation analyses. It is found that the sales tax rate should be 17.16 % to keep the fiscal"],"journal":["Heliyon"],"pubmed_title":["The economic effects of tax structure transformation: A study based on the tax reform of China's hainan free trade port."],"pmcid":["PMC11566697"],"funding_grant_id":["72063004","21QNXZ7","721QN217"],"pubmed_authors":["Zhang Z","Xiao X","Liu C"],"additional_accession":[]},"is_claimable":false,"name":"The economic effects of tax structure transformation: A study based on the tax reform of China's hainan free trade port.","description":"Many developing countries use tax reform as a strategy to support national or regional development. China's tax reform of the Hainan Free Trade Port in 2025 serves this purpose. The reform replaces the existing VAT, consumption tax, vehicle purchase tax, urban maintenance and construction tax, and education fee (\"four taxes and one fee\") with a sales tax. Previous studies of tax structure reform have rarely addressed the economic impact of such a transition, and few sales tax studies have discussed the issue of optimal tax rates. To study the economic effects of the introduction of sales tax and to find the optimal tax rate, this paper uses the computable general equilibrium (CGE) model to conduct simulation analyses. It is found that the sales tax rate should be 17.16 % to keep the fiscal","dates":{"release":"2024-01-01T00:00:00Z","publication":"2024 Nov","modification":"2026-07-12T03:10:57.354Z","creation":"2025-04-04T00:32:22.364Z"},"accession":"S-EPMC11566697","cross_references":{"pubmed":["39553631"],"doi":["10.1016/j.heliyon.2024.e39915"]}}