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Single Whip Law
The Single whip law or the "Single whip reform" () was a fiscal law first instituted during the middle Ming dynasty, in the early 16th century, and then promulgated throughout the empire in 1580 by Zhang Juzheng. The measure aimed primarily to simplify the complex fiscal code under Ming law, by commuting most obligations towards the central government — from land and poll taxes to the labour obligations of the peasantry and the tributes of prefectural and county officials — into a single silver payment, at a level based on the population and cultivated land in each prefecture. Therefore, by reducing complexity, the Single Whip law reduced the costs of tax collection, while also increasing the tax base. The unit of tax collection was changed from rice to silver, which led to an increase in the import of silver into China from Japan and Spanish-controlled America. The Single Whip Law led to a temporary increase in European trade, but in the long term, contributed to the overthr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ming Dynasty
The Ming dynasty (), officially the Great Ming, was an Dynasties in Chinese history, imperial dynasty of China, ruling from 1368 to 1644 following the collapse of the Mongol Empire, Mongol-led Yuan dynasty. The Ming dynasty was the last orthodox dynasty of China ruled by the Han Chinese, Han people, the majority ethnic group in China. Although the primary capital of Beijing fell in 1644 to a rebellion led by Li Zicheng (who established the short-lived Shun dynasty), numerous rump state, rump regimes ruled by remnants of the House of Zhu, Ming imperial family—collectively called the Southern Ming—survived until 1662. The Ming dynasty's founder, the Hongwu Emperor (r. 1368–1398), attempted to create a society of self-sufficient rural communities ordered in a rigid, immobile system that would guarantee and support a permanent class of soldiers for his dynasty: the empire's standing army exceeded one million troops and the naval history of China, navy's dockyards in Nanjin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila
Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populated city proper. Manila is considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC). It was the first chartered city in the country, designated as such by the Philippine Commission Act 183 of July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Spanish Americas through the galleon trade; when this was accomplished, it marked the first time in world history that an uninterrupted chain of trade routes circling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxation In China
Taxes provide the most important revenue source for the Government of the People's Republic of China. Tax is a key component of macro-economic policy, and greatly affects China's economic and social development. With the changes made since the 1994 tax reform, China has sought to set up a streamlined tax system geared to a socialist market economy. China's tax revenue came to 11.05 trillion yuan (1.8 trillion U.S. dollars) in 2013, up 9.8 per cent over 2012. Tax revenue in 2015 was 12,488.9 billion yuan. In 2016, tax revenue was 13,035.4 billion yuan. Tax revenue in 2017 was 14,436 billion yuan. In 2018, tax revenue was 15,640.1 billion yuan, an increase of 1204.1 billion yuan over the previous year. Tax revenue in 2019 was 15799.2 billion yuan. In 2020 and 2021, the total tax revenues were respectively 15431 billion and 17273.1 billion Chinese yuan. The 2017 World Bank " Doing Business" rankings estimated that China's total tax rate for corporations was 68% as a percentage of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Taxation
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but mos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ming Dynasty Politics
The Ming dynasty (), officially the Great Ming, was an imperial dynasty of China, ruling from 1368 to 1644 following the collapse of the Mongol-led Yuan dynasty. The Ming dynasty was the last orthodox dynasty of China ruled by the Han people, the majority ethnic group in China. Although the primary capital of Beijing fell in 1644 to a rebellion led by Li Zicheng (who established the short-lived Shun dynasty), numerous rump regimes ruled by remnants of the Ming imperial family—collectively called the Southern Ming—survived until 1662. The Ming dynasty's founder, the Hongwu Emperor (r. 1368–1398), attempted to create a society of self-sufficient rural communities ordered in a rigid, immobile system that would guarantee and support a permanent class of soldiers for his dynasty: the empire's standing army exceeded one million troops and the navy's dockyards in Nanjing were the largest in the world. He also took great care breaking the power of the court eunuchs and unr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Law
Tax law or revenue law is an area of legal study in which public or sanctioned authorities, such as federal, state and municipal governments (as in the case of the US) use a body of rules and procedures (laws) to assess and collect taxes in a legal context. The rates and merits of the various taxes, imposed by the authorities, are attained via the political process inherent in these bodies of power, and not directly attributable to the actual domain of tax law itself. Tax law is part of public law. It covers the application of existing tax laws on individuals, entities and corporations, in areas where tax revenue is derived or levied, e.g. income tax, estate tax, business tax, employment/payroll tax, property tax, gift tax and exports/imports tax. There have been some arguments that consumer law is a better way to engage in large-scale redistribution than tax law because it does not necessitate legislation and can be more efficient, given the complexities of tax law. Major iss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transition From Ming To Qing
The transition from Ming to Qing, alternatively known as Ming–Qing transition or the Manchu conquest of China, from 1618 to 1683, saw the transition between two major dynasties in Chinese history. It was a decades-long conflict between the emerging Qing dynasty, the incumbent Ming dynasty, and several smaller factions (like the Shun dynasty and Xi dynasty). It ended with the consolidation of Qing rule, and the fall of the Ming and several other factions. Overview The transition from the Ming to Qing was a decades-long period of conflict between: # the Qing dynasty, established by the Manchu clan Aisin Gioro in contemporary Northeast China; # the Ming dynasty, the incumbent dynasty led by the Zhu clan; # and various other rebel powers in China, such as the short-lived Xi dynasty led by Zhang Xianzhong and the short-lived Shun dynasty led by Li Zicheng. Leading up to the Qing, in 1618, the Later Jin khan Nurhaci commissioned a document entitled the Seven Grievances, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debasement
A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when used in connection with commodity money, such as gold or silver coins. A coin is said to be debased if the quantity of gold, silver, copper or nickel in the coin is reduced. Example In Roman currency, the value of the denarius was gradually decreased over time as the Ancient Rome, Roman government altered both the size and the silver content of the coin. Originally, the silver used was nearly pure, weighing about 4.5 grams. From time to time, this was reduced. During the Julio-Claudian dynasty, the denarius contained approximately 4 grams of silver, and then was reduced to 3.8 grams under Nero. The denarius continued to shrink in size and purity, until by the second half of the third century, it was only about 2% silver, and was replaced by the Argenteus. Effects Debasement lowers the intrinsic value of the coinage and so more coins can be made with the same quantity of pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila Galleon
fil, Galyon ng Maynila , english_name = Manila Galleon , duration = From 1565 to 1815 (250 years) , venue = Between Manila and Acapulco , location = New Spain (Spanish Empire) (Current Mexico) , motive = Trading maritime route from East Indies to the Americas , organisers = Spanish Crown The Manila galleons ( es, Galeón de Manila; fil, Galyon ng Maynila) were Spanish trading ships which for two and a half centuries linked the Spanish Crown’s Viceroyalty of New Spain, based in Mexico City, with her Asian territories, collectively known as the Spanish East Indies, across the Pacific Ocean. The ships made one or two round-trip voyages per year between the ports of Acapulco and Manila. The name of the galleon changed to reflect the city that the ship sailed from. The term ''Manila galleon'' can also refer to the trade route itself between Acapulco and Manila, which lasted fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhang Juzheng
Zhang Juzheng (; 26 May 1525 – 9 July 1582), courtesy name Shuda (), pseudonym Taiyue (), was a Chinese politician who served as Senior Grand Secretary () in the late Ming dynasty during the reigns of the Longqing and Wanli emperors. He represented what might be termed the "new Legalism", aiming to ensure that the gentry worked for the state. Alluding to performance evaluations, he said: "Everyone is talking about real responsibility, but without a clear reward and punishment system, who is going to risk life and hardship for the country?" One of his chief goals was to reform the gentry and rationalize the bureaucracy together with his political rival Gao Gong, who was concerned that offices were providing income with little responsibility. Taking the Hongwu Emperor as his standard and ruling as de facto Prime Minister, Zhang's true historical significance comes from his centralization of existing reforms, positioning the reformative agency of the state over that of the gentr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sakoku
was the Isolationism, isolationist Foreign policy of Japan, foreign policy of the Japanese Tokugawa shogunate under which, for a period of 265 years during the Edo period (from 1603 to 1868), relations and trade between Japan and other countries were severely limited, and nearly all foreign nationals were banned from entering Japan, while common Japanese people were kept from leaving the country. The policy was enacted by the shogunate government (or ) under Tokugawa Iemitsu through a number of edicts and policies from 1633 to 1639, and ended after 1853 when the Perry Expedition commanded by Matthew C. Perry forced the opening of Japan to American (and, by extension, Western) trade through a series of Unequal treaty#Japan, treaties, called the Convention of Kanagawa. It was preceded by a period of largely unrestricted trade and widespread piracy. Japanese mariners and merchants traveled Asia, sometimes forming communities in certain cities, while official embassies and envoy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suzhou
Suzhou (; ; Suzhounese: ''sou¹ tseu¹'' , Mandarin: ), alternately romanized as Soochow, is a major city in southern Jiangsu province, East China. Suzhou is the largest city in Jiangsu, and a major economic center and focal point of trade and commerce. Administratively, Suzhou is a prefecture-level city with a population of 6,715,559 in the city proper, and a total resident population of 12,748,262 as of the 2020 census in its administrative area. The city jurisdiction area's north waterfront is on a lower reach of the Yangtze whereas it has its more focal south-western waterfront on Lake Tai – crossed by several waterways, its district belongs to the Yangtze River Delta region. Suzhou is now part of the Greater Shanghai metro area, incorporating most of Changzhou, Wuxi and Suzhou urban districts plus Kunshan and Taicang, with a population of more than 38,000,000 residents as of 2020. Its urban population grew at an unprecedented rate of 6.5% between 2000 and 2014, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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