2004•Unpublished venueRequires access

Reform and Perfect the System of Personal Income Tax

Feng Gaixin

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Abstract

With the development of economy and the increase of personal income in China, there is a high rise in the number of income taxpayers. Personal income tax is becoming more and more important in China's tax systems. But there are still some problems in China's personal income tax system, such as low starting point of collection and narrow scope of taxes. To solve these problems, we must reform and perfect our tax systems, set up new criteria of tax collecting and new structure of tax rates.

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With the development of economy and the increase of personal income in China, there is a high rise in the number of income taxpayers. Personal income tax is becoming more and more important in China's tax systems. But there are still some problems in China's personal income tax system, such as low starting point of collection and narrow scope of taxes. To solve these problems, we must reform and perfect our tax systems, set up new criteria of tax collecting and new structure of tax rates.

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Available abstract

With the development of economy and the increase of personal income in China, there is a high rise in the number of income taxpayers. Personal income tax is becoming more and more important in China's tax systems. But there are still some problems in China's personal income tax system, such as low starting point of collection and narrow scope of taxes. To solve these problems, we must reform and perfect our tax systems, set up new criteria of tax collecting and new structure of tax rates.

Key concepts: State income tax, Tax reform, Economics, Gross income, Indirect tax, International taxation, Ad valorem tax, Income tax

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