资源描述：
《税收对金融市场效率的作用分析（analysis of the effect of tax on the efficiency of financial market）》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、税收对金融市场效率的作用分析（Analysisoftheeffectoftaxontheefficiencyoffinancialmarket）AnalysisoftheeffectoftaxontheefficiencyoffinancialmarketAnalysisoftheeffectoftaxontheefficiencyoffinancialmarket2008-12-2015:15:20Inthemoderneconomicoperation,thefinancialmarket,commod
2、itymarketandlabormarketarecalledthethreemajorfactormarkets.WiththeincreasinglyprominentstatusofFinanceinmoderneconomy,theefficiencyoffinancialmarkethasbecomeanimportantfactorrestrictingthedevelopmentofthewholeeconomy.Theimpactoftaxonthefinancialmarketisgre
3、aterthanthatofthecommoditymarketandthelabormarket,becausefinanceisanintermediaryserviceandmoresensitivetothetaxresponse.Tradinginfinancialmarketsismoney,especiallyinthetwostockmarket,transactionisidlefunds,investorstousethesefundstoacquiremorebenefits,buta
4、lsobeargreaterrisk.Oncethetaxhasagreaterimpactonitsearnings,itmayreducetheenthusiasmofinvestors,therebyaffectingtheefficiencyofthefinancialmarket.Atpresent,China'sfinancialmarkettaxationismainlymanifestedinthesecuritiesmarket,thesecuritiestransactionstampt
5、axandsecuritiesincometax,thetaxpriceoftheissuanceandtradingofsecurities,securitiesandfundstransfer,adjuststructure,regulatemarketbehavior,guidetheoperationanddevelopmentofthesecuritymarketandthefinancialmarket.Ofcourse,thefinancialmarkettaxisnotlimitedtoth
6、esecuritiesmarket,withthefinancialsystem,financialinstrumentsinnovation,thecontentofthefinancialmarkettaxwillcontinuetobeenriched.SincethedevelopmentofChina'sfinancialmarketisintheinitialstage,thispapermainlydiscussesthedeficienciesofthesecuritiesmarkettax
7、andhowtofurtherimprovethesecuritiesmarkettaxpolicyrecommendations.Itisnecessarytoemphasizethattheroleoftaxrevenueinimprovingtheefficiencyoffinancialmarketmustbebasedonamorestandardizedandsoundfinancialmarket,otherwisethetaxeffectwillbelimited.First,theoret
8、icalanalysis(1)taxationandtheefficiencyofdirectdebitandcreditfinancialmarketsTaxaffectstheefficiencyoffinancialmarketmainlybyinfluencingthepriceoffinancialproducts.Inthedirectlendingmarket,thepriceoffinancial
