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Single Whip Reform
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 of China, imperial dynasty of China that ruled from 1368 to 1644, following the collapse of the Mongol Empire, Mongol-led Yuan dynasty. The Ming was the last imperial 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 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 (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 Nanjing were the largest in the world. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila
Manila, officially the City of Manila, is the Capital of the Philippines, capital and second-most populous city of the Philippines after Quezon City, with a population of 1,846,513 people in 2020. Located on the eastern shore of Manila Bay on the island of Luzon, it is classified as a Cities of the Philippines#Independent cities, highly urbanized city. With , Manila is one of the world's List of cities proper by population density, most densely populated cities proper. Manila was the first chartered city in the country, designated bPhilippine Commission Act No. 183on 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 Hispanic America, Spanish Americas through the Manila galleon, galleon trade. This marked t ... [...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. Value-added tax (VAT) produces the largest share of tax revenue in China and corporate income tax producing the next largest share. 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. Most taxes are based on regulations established by the State Council. Detailed tax rules are established by the State Council Committee on Tariff Regulations, the Ministry of Finance, the State Taxation Administration, and the Customs Office. A few kinds of taxes are based on laws passed by the National People's Congress. Types of taxes VAT produces the largest share of China's tax revenue. Corporate income tax is the next largest. Taxes in China include: *Turnover taxes. This includes VAT and Cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Taxation
A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax relief. The first known taxation occurred in Ancient Egypt around 3000–2800 BC. Taxes consist of direct or indirect taxes and may be paid in money or as labor equivalent. All countries have a tax system in place to pay for public, common societal, or agreed national needs and for the functions of government. Some countries levy a flat percentage rate of taxation on personal annual income, but most scale taxes are progressive based on brackets of yearly income amounts. Most countries charge a tax on an individual's income and corporate income. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of The Ming Dynasty
The government of the Ming dynasty (1368–1644) was modeled after the Mongol-led Yuan dynasty. Over time, the government system changed and adapted to circumstances. The Ming government was traditionally divided into three branches—civil, military and surveillance, with the imperial household and its eunuchs holding a distinct position. In the beginning, the central civil authorities were led by the Central Secretariat, which oversaw six ministries and other less significant institutions. The Chief Military Commission served as the high command of the army, while the Censorate held the highest control authority. The empire was divided into two metropolitan areas and thirteen provinces, each of which was managed by a Branch Secretariat. The lower levels of administration included prefectures and subprefectures, with the lowest level being the counties. During the Ming dynasty, there were approximately 1,400 counties in China. In 1376, the Branch Secretariats were abolished ... [...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, 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 l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transition From Ming To Qing
The transition from Ming to Qing (or simply the 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, which enum ... [...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, while continuing to circulate it at face value. A coin is said to be debased if the quantity of gold, silver, copper or nickel in the coin is reduced. Examples Roman Empire 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. Ottoman Empire Weight of akçe in grams of silver and ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila Galleon
The Manila galleon (; ) refers to the Spain, Spanish trading Sailing ship, ships that linked the Philippines in the Spanish East Indies to Mexico (New Spain), across the Pacific Ocean. The ships made one or two round-trip voyages per year between the ports of Manila and Acapulco from the late 16th to early 19th century. The term "Manila galleon" can also refer to the trade route itself between Manila and Acapulco that was operational from 1565 to 1815. The Manila galleon trade route was inaugurated in 1565 after the Augustinians, Augustinian friar and navigator Andrés de Urdaneta pioneered the ''tornaviaje'' or return route from the Philippines to Mexico. Urdaneta and Alonso de Arellano made the first successful round trips that year, by taking advantage of the Kuroshio Current. The galleons set sail from Cavite, in Manila Bay, at the end of June or the first week of July, sailing through the northern Pacific and reaching Acapulco in March to April of the next calendar year. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhang Juzheng
Zhang Juzheng (26 May 1525 – 9 July 1582), courtesy name Shuda, art name Taiyue, also known as Zhang Jiangling, was a prominent Grand Secretariat, grand secretary during the reigns of Ming emperors Longqing Emperor, Longqing and Wanli Emperor, Wanli. In 1547, he passed the highest level of official examinations and was granted the rank of ''jinshi''. He then served at the Hanlin Academy. In 1567, he was appointed as the grand secretary to the Longqing Emperor, and upon the ascension of the Wanli Emperor in 1572, he became the head of the grand secretaries. During the early years of the Wanli Emperor's reign, Zhang Juzheng played a crucial role as the emperor's mentor and ''de facto'' ruler of China due to the emperor's immaturity. His decisive foreign and economic policies led to one of the most successful periods in the Ming history. Influenced by the Mongol raids of the 1550s, Zhang Juzheng aimed to "enrich the country and strengthen the army" through legalistic methods rathe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sakoku
is the most common name for the isolationist foreign policy of the Japanese Tokugawa shogunate under which, during the Edo period (from 1603 to 1868), relations and trade between Japan and other countries were severely limited, and almost 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 ('' bakufu'') under Tokugawa Iemitsu through a number of edicts and policies from 1633 to 1639. The term originates from the manuscript work written by Japanese astronomer and translator Shizuki Tadao in 1801. Shizuki invented the word while translating the works of the 17th-century German traveller Engelbert Kaempfer namely, his book, 'the history of Japan', posthumously released in 1727. Japan was not completely isolated under the policy. was a system in which strict regulations were placed on commerce and foreign relations by the shogunate and certain feudal domains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suzhou
Suzhou is a major prefecture-level city in southern Jiangsu province, China. As part of the Yangtze Delta megalopolis, it is a major economic center and focal point of trade and commerce. Founded in 514 BC, Suzhou rapidly grew in size by the Eastern Han dynasty, mostly due to emigration from Northern and southern China, northern China. From the 10th century onwards, it has been an important economic, cultural, and commercial center, as well as the largest non-capital city in the world, until it was overtaken by Shanghai. Since Chinese economic reform, economic reforms began in 1978, Suzhou attained GDP growth rates of about 14% in 35 years. In 2023, Suzhou had 5 million registered residents. Suzhou is listed as the 48th List of cities by scientific output, cities by scientific output according to the Nature Index 2022. The city is home to universities, including Soochow University (Suzhou), Soochow University, Suzhou University of Science and Technology, Xi'an Jiaotong–Liverp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
