Personal Tax Reform Or Major Interests Will Be Related To Personal Interests.

2015 is the key year for fiscal reform, and the coming 2016 will be the year of fiscal and tax reform.

As early as the end of June 2014, the top plan of fiscal and taxation reform, the overall plan for deepening the reform of fiscal and taxation system, has grasped three major reform tasks, namely, budget management reform, tax reform, straightening out the relationship between the central authorities' powers and financial resources, and the plan has given a timetable. The key tasks and tasks have been basically completed in 2016, and by 2020, all reforms have basically been in place, and the modern financial system has basically been established.

Looking back in 2015, the fiscal and taxation reform moved towards the deep water area, and the budgetary reform was ahead of schedule. There has been obvious progress. In the tax reform, the reform of the camp to increase, the consumption tax and the resource tax reform will be carried forward in advance, but it is difficult to move ahead; the reform of the environmental tax, real estate tax and personal income tax must be legislations first.

The current reform process is lower than market expectations, and is expected to achieve rapid progress next year.

Watch the money bag.

The budget reform in 2015 has made great breakthroughs. The government accounting standards system and the government financial reporting system framework system are the highlight of this year's reform.

At present, the Ministry of Finance revised and issued the "general budget accounting system" and "government accounting standards - the basic principles". It clearly pointed out that the future accounting objectives should not only reflect accurately the implementation of the budget, but also fully reflect the financial conditions such as assets and liabilities, laying the foundation for the comprehensive accounting of the accrual basis.

A series of reform documents such as budget openness, debt budgeting, revitalizing stock funds, and overall fund integration have also been promulgated. The modern budget system with standardized integrity and pparency has been initially formed.

The new budget law, implemented this year, clearly and comprehensively discloses the government's full bore budget, and achieves the full coverage of departmental budgets except the Ministry of secrets.

Experts said that the full aperture budget management is to bring all the revenue and expenditure of the government into the budget, and increase the government fund budget, state-owned capital management budget, social insurance fund budgets and general public budgets, so as to make the operation of funds more standardized and pparent.

"Since the beginning of this year, the reform of budgetary system has been very vigorous, and the budget has made substantive progress publicly."

Tan Yunming, a professor at Central University of Finance and Economics, said that the budget system is the foundation of the modern financial system. It has a profound impact on all aspects of the economy and society by arranging financial revenue and expenditure.

Liu Jianwen, a professor at Peking University law school, thinks that budgeting is to regulate the government's revenue and expenditure behavior, such as the local debt problem and the financial pfer payment fund.

Only with an open and pparent budget environment can the tax reform be logical and the tax reform is to solve the problem of how to distribute the whole cake.

However, standardizing the government's spending is not a "paper open" solution to the problem. There are still many violations of discipline in the current government spending.

The audit reports recently submitted by the Audit Commission show that there are still many problems in the central departments, which ultimately reflect the indifference of the Department's legal awareness, and also highlight the necessity of further promoting public and deepening budgetary reform.

Experts believe that the budget system reform in 2016 needs to be further promoted. On the one hand, relevant regulations and supporting measures should be issued as soon as possible, and the budget system should be perfected. The budget of the government fund, the budget of state owned capital and the budget of social insurance funds should be fulfilled.

We need to speed up the regulation of treasury funds and financial accounts, and further improve the rules and regulations of the treasury cash management system.

Six major taxes lead to tax reform

The new round of tax reform focuses on six major categories of taxes, including value-added tax, consumption tax, resource tax, environmental protection tax, real estate tax and personal income tax.

Tax collection and administration.

Jia Kang, former director of the Ministry of Finance and finance, said that fiscal reform as the highlight of the overall reform has now shown signs of not matching the schedule requested by the central government.

According to the previous deployment, the comprehensive reform of "camp to increase" should have been achieved in 2015. However, there are four areas of finance, real estate, construction and life services that have not yet been brought into play, and the attitude of the decision-making level has also been adjusted from "strive for completion" to "timely launch".

Yang Zhiyong, a researcher at the Institute of Finance and economics of the Chinese Academy of Social Sciences, said that the remaining industries of the "camp to increase" pilot were different from those previously piloted.

Because of the characteristics of the real estate enterprises and the VAT, it may not be easy to get the invoices when deducting the tax deduction, which may affect the implementation of the pilot.

Financial industry "camp to increase" involves options.

There is no dispute about whether the financial business is tax-free or not.

Liang Hong, chief economist of CICC, said that so far, the tax reduction in the current round of "camp to increase" has not been as strong as the 2009 value-added tax reform. We should accelerate the completion of the "last mile" of the camp reform. It is estimated that the remaining four industries will be fully completed in the first half of next year.

Liang Hong said that in addition to further tax cuts, a more important function is to promote the specialized division of labor.

Moreover, after the completion of the reform of the current camp, the VAT still has room for improvement.

The overall scale of tax reduction to be completed by the total turnover of the camp can reach about 900 billion yuan, and the period when the business is changed to increase.

The ratio is about 0.4%.

This year, we have also made some adjustments to the consumption tax, raising the unit tax of gasoline and diesel consumption tax, collecting consumption tax on batteries and coatings, increasing the ad valorem tax rate of cigarette wholesale links and increasing the volume tax.

In addition to the high energy consumption, high pollution products and some high-end consumer goods and some services, the reform will also exclude products which are not suitable for continuing to levy consumption tax from taxable items.

Experts believe that in order to match the financial rights and powers of local governments, ensure the revenue of local governments, and enable local governments to have some independent tax regulating power and give full play to the initiative of local governments, it is necessary to adjust the consumption tax to the main tax category of local governments.

Resource tax reform is one of the key points of tax reform in recent years. This year, a breakthrough has been made. On the basis of the tax reform of oil, natural gas and coal resources, the tax reform of rare earth, tungsten and molybdenum resources and the reduction of iron ore resource tax policy have been implemented smoothly, so as to promote the rational utilization of these resources.

In fact, this year, there are many small tax adjustments. For example, when a high-tech enterprise is rewarded with equity and a share capital is increased, the individual tax can be paid in installments.

"Although the factors to be considered in individual tax reform are more and more complex, they will not shake the direction of reform that combines classification and integration."

Bai Jingming, deputy director of the Finance Department of the Ministry of Finance said.

It is reported that

The scheme has been completed within the Ministry of Finance and is expected to be reported in the first half of 2016 and will be selected in the second half of the year.

Zhang Bin, a researcher at the Chinese Academy of Social Sciences's Financial Strategy Research Institute, believes that the direction of individual tax reform is the general trend. The combination of classification and synthesis has been repeatedly demonstrated. Although the tax information management system is difficult to establish, with the advance of the tax collection and management law, the technical conditions of individual tax will be guaranteed.

"The social appeal to promote the reform of individual taxation has absorbed the public opinion and eliminated the restrictive factors of the tax reform. We should pform the consensus of reform into practical action as soon as possible."

One industry said.

According to the data of the General Administration of Taxation, the tax burden of coal resources in the first half of this year was totally reduced by 5 billion 184 million yuan, and the reform was smooth and orderly than expected.

"Current

Mainly mineral resources, oil and gas, and other resources should also be included in the scope of resources tax, such as water, forests, grasslands, etc. should also be included in the scope of the resource tax levy.

Tan Yunming said that the resource tax reform will promote the straightening out of the tax adjustment mechanism in the energy production and consumption links.

With the rapid development of social economy, the situation of environmental protection in China is becoming increasingly grim.

Water pollution, air pollution, solid waste pollution, marine pollution and mine environmental problems are also becoming increasingly prominent. It is urgent to levy environmental taxes.

At present, the environmental protection tax solicitation draft has been promulgated, and the environmental tax levy has taken substantive steps.

It is learnt that the draft environmental protection tax law is being finalize, and the draft will be passed by the State Council before the end of this year.

Experts say the draft environmental protection tax law is expected to be submitted to the Standing Committee of the National People's Congress for consideration in the first half of next year, which means that the environmental protection tax scale of tens of billions of dollars a year can be collected.

"Study on the reform of personal income tax."

Lou Jiwei, Minister of the Treasury, has repeatedly mentioned this year on different occasions, so that the sensitive nerve of the individual tax is activated again, and the signal of tax reform is also pmitted.