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    Interest Tax Was Exempt From &Nbsp For 2 Years; Beneficiaries Of Liaoning Dalian Benefited.

    2010/11/16 10:26:00 33

    Interest Tax Depositor Investment

    In order to deal with the world

    financial crisis

    The adverse effects of reducing price fluctuations on Residents

    savings

    The actual income of savings interest is squeezed to reduce the tax burden of the middle and low income depositors. China began saving deposits for residents in October 2008.

    Interest

    The levy is temporarily exempted until October. The policy has been in full swing for 2 years and many beneficiaries have benefited from it.


    The reporter learned from the State Administration of Taxation of Dalian, Liaoning, that in 1-10 months of this year, the total interest tax in the city was 24 million yuan, a decrease of 120 million yuan over the same period last year and a decrease of 83%, which is not equal to the highest peak of the tax, that is, 602 million yuan in 2007.

    The reduction of interest tax means that residents' depositors pay less personal income tax, thereby increasing their income accordingly.

    With temporary exemption

    Interest tax

    As the policy becomes more and more distant, Dalian's long-term deposits will continue to be paid, and interest tax will continue to be substantially reduced.


    It is understood that since the resumption of interest tax in November 1, 1999, a total of about 300000000000 yuan of interest tax has been collected, of which Dalian has more than 4 billion yuan in storage.

    The central and local governments at two levels have been making use of this revenue to finance the life support of low-income and laid-off workers, as well as the pensions of retirees.

    Interest tax has played an active role in increasing fiscal revenue, improving tax system, stimulating consumption and increasing social investment.


    The tax bureaus directly under the State Taxation Bureau of Dalian municipality are the main authorities of the city's interest tax. In the face of the increasingly shrinking tax source, adhering to the idea of "combining management with services" and adhering to the practice, adhering to the work idea of "not being small but not tax", we should strengthen the policy guidance to the banking institutions that have been withheld from each other, and clearly define the applicable period of different tax rates, so as to ensure the meticulous management of the tax.

    At the same time, in order to facilitate the deduction of the service fee returned by the obligor in accordance with the law, the tax sub Bureau directly under the Dalian State Taxation Bureau also stipulates that according to the size of the amount returned, the taxpayers of different duties should be returned in accordance with the quarterly and annual returns, which will greatly facilitate the withholding of the obligor and be well received by all sides.

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