Research On The Issue Of Individual Income Tax In China From The Perspective Of Information Asymmetry

Since the Third Plenary Session of the eleven opened up, China’s economy got asustained and rapid developments, personal income tax has become an important taxin the tax system. But in reality the consent of the individual income tax as much fledin the personal income tax collection and management, such as the emergence of asteady stream of information asymmetry is one of the important factors influencingthe effect of individual income tax collection, and how to solve these problemsbecome the focus of the tax department, also become the theoretical circle discussesthe hot and difficult.From the perspective of asymmetrical information, the scholars from home andabroad for the asymmetric information, this paper analyzed the main reasons for theexistence of information asymmetry in China’s personal income tax collection andmanagement on the basis of the connotation of reasons and countermeasures, throughthe reason analysis, we can combined the asymmetry of information problems in thepersonal income tax collection and management with the status quo of China’spersonal income tax collection and administration and the present situation of Yunnanland tax information construction, and put forward corresponding countermeasures.The main content of this paper is divided into five parts:The first part is introduction. This part mainly introduced the researchbackground, research significance, domestic and foreign research informationasymmetry in the literature review, research contents, technical route, and researchmethods and so on. In the study purpose and reference domestic and foreign scholarson information asymmetry are determined on the basis of research results in thispaper.The second part is the analysis of the main reasons for the existence ofinformation asymmetry in our country personal income tax collection: taxpayers havemore sources of income and strong concealment, tax regulations exist system hasdefects, the incentive mechanism is not sound, etc.; Under the condition ofasymmetric information game we can analysis the relationship of individual incometax. In the third part of the status of the individual income tax collection andadministration, mainly summarized the status quo of the informational construction inthe Yunnan local premise, put forward the personal income tax collection andmanagement problems of asymmetric information: tax reform is slow and inefficient,taxpayers pay tax consciousness weak, the magnitude of the tax law enforcement isnot strong and so on.The fourth part gave the reasons for the above problems, puts forward thecorresponding countermeasures: perfecting personal income tax system reform in ourcountry, reduce the influence of information asymmetry; Consummates our countrypersonal income tax collection and management mechanism, reduce the tax authoritydepartments and other organizations between the information asymmetry betweenformed by the tax authorities as the main body, provide a good situation of otherrelevant departments actively collaboration; Build system of taxpayers tax code,increase the transparency of tax information; Increasing penalties for tax violations ofthe law, avoid the increase in the number of taxpayers tax violations caused byinformation asymmetry phenomenon, at the same time, strengthen the construction ofincentive mechanism, increase the taxpayers’ tax consciousness.The fifth part is the conclusion of this paper, contains the cause analysis, problemanalysis, countermeasure analysis and summary statement.To research the problem of information asymmetry in individual income taxcollection and administration, it is the perfect development of the traditional personalincome of tax collection. In the personal income tax collection and management usedby information asymmetry, it analyses the causes of existing problems andcountermeasures, it is a kind of innovation. It has great theory meaning ofcomprehensive application of the theory of asymmetric information. By improve theefficiency of asymmetry information in personal income tax levy can greatly improvethe collection and management of personal income tax and personal income taxincrease income, give full play to the individual income tax to adjust income level andincrease revenues.