The Personal Tax Reform Plan Is About To Come Out.

New progress has been made in the reform of personal income tax which has been anticipated and discussed for a long time.

After many discussions, the tax reform plan has taken shape, and the Ministry of finance is expected to report the draft reform to the Central Committee as early as possible early next year.

"Upgrading, expanding and upgrading" has become the basic reform direction and direction.

The current personal tax system does not solve the problem of tax burden for special groups and special classes. There are expected to be some deductions in the new reform plan.

The main goal of individual tax reform is to set up a personal income tax system which combines the classification and the classification. The income from wages and salaries and the remuneration for labor services will be taxed in a comprehensive scope in the future.

The role of income distribution will be further enhanced.

Before the fifth Plenary Session of the 18th CPC Central Committee, the basic principles of the reform of income distribution have been defined, that is, to implement policies that are conducive to narrowing the income gap, to significantly increase the income of low-income workers, to expand the proportion of middle income persons, and to speed up the establishment of a comprehensive and classified personal income tax system.

Generally speaking,

The tax system can be divided into three types: comprehensive tax system, classified tax system, comprehensive and classified tax system.

Our country is currently implementing a taxonomy of taxonomy, classifying individual income from various sources and with different properties, deducting different fees and paying taxes at different rates.

Taxable income stipulated by our tax law includes income from wages and salaries, income from production and operation of individual industrial and commercial households, income from contracted management and leasing business of enterprises and institutions, income from remuneration for labor services, income from interest, dividends and bonuses, income from property leases, income from property pfer and so on, totaling eleven categories.

What are the first problems to be solved in the upcoming tax reform plan?

Continue to classify individual taxes and what income will be included in the scope of comprehensive levy.

As far as the general rule is concerned, the more comprehensive categories are incorporated, the stronger the regulation of income distribution.

As far as China's reform is concerned, income from wages, salaries, remuneration for remuneration for services, pfer of property, contractual operation and contractual leases are likely to be included in the scope of comprehensive levy.

After determining the scope of comprehensive levy, it is necessary to determine the comprehensive tax rate.

At present, the income tax rate of wages and salaries ranges from 3% to 45%, a total of seven tax rates. The comprehensive income tax rate is the same as the salary income tax rate, or has been adjusted, and it needs further clarifying.

In addition, the controversial issue in the personal tax reform is whether it should be collected by family units, or whether differential deductions should be introduced.

Under the current tax system, the family burden factor of taxpayers is not taken into account.

Before, Lou Jiwei, the Minister of finance, has said that the tax reform will impose a comprehensive tax on some of the income items, and it will also include the burden of taxpayers' families, such as the support of the population and mortgage loans, and so on.