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    What Is Grey Income?

    2011/1/4 15:52:00 77

    Grey Income Market

    We often talk about "grey income". Gray income "What? Economics Scientists, lawyers and the general public will give us answers from different perspectives.


    Mao Yushi, a famous economist, "gray income" does not contain any derogatory meaning. market The product of the economy came into existence only after the reform and opening up. Therefore, in a sense, the emergence of "grey income" should be a good sign. It indicates that the economy is becoming more active, and individuals have more opportunities to make full use of their strengths.


    "We shall regard illegal income, violation of discipline revenue, income in accordance with the generally accepted moral values of the society, and other sources of unidentified income, collectively referred to as gray income." Wang Xiaolu, deputy director of the National Economic Research Institute of China reform foundation, said.


    Wang Zhaohui, lawyer of Jincheng law firm, "grey income" is not a legal concept in itself. From the legal point of view, personal income is only legal and illegal, and the legal definition is based on the source of income. In my understanding, "grey income" should refer to another legitimate income not known to the public outside normal wages, and it is concealed from the tax authorities when they return the tax. If this understanding is correct, then, whether enterprises or individuals, the behavior of generating "grey income" should be identified as tax evasion.


    Asian Sports Village old Ding: the so-called "grey income" is nothing but black and white income. Because this is outside the planned income, generally do not account, not in the face, so "gray" has become the title of such income. In fact, another important reason for calling it "gray" is tax evasion.


    Mr. Gao, a returned student from abroad, I understand that "grey income" means the income of those individuals or enterprises whose taxes are out of control, except for those items specified in the wage section.


    All kinds of people give us different answers, but one thing is common: "gray income" is non tax revenue. Gray income has not been clearly defined. If we define the gray income only without tax, the university students also have gray income: for example, the income from making tutors' tutoring, the income from social practice in summer, and the pocket money we give our parents.

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