At present, the national organizations authorized for the formulation of tax laws or tax policies are the National People’s Congress and its Standing Committee, the State Council, Ministry of Finance, State Administration of Taxation, State General Administration of Customs, and the Tariff and Classification Committee of the State Council.

        The fundamental tax system is based on tax laws. Tax laws are formulated by the National People’s Congress, e.g. the“Individual Income Tax Law of the People’s Republic of China”, or by the Standing Committee of the National People’s Congress, e.g. the“Law of the People’s Republic of China Concerning the Administration of Tax Collection”.