Probe Into China's Inheritance Tax Legislation

Estate duty on the property left by the death collect taxes, the introduction of inheritance tax in China is the current industry practice with the theoretical circle on the hot, and the introduction of inheritance tax legislation is the premise of duty. This paper on the introduction of inheritance tax legislation of a number of issues.This paper is divided into four chapters.Chapter 1 illustrates the concept of the inheritance tax and features, and then a brief analysis of the heritage of the basic principles of taxation. The second chapter of the levy estate duty and the necessity of the feasibility. Levy estate duty for narrowing gap between rich and poor, and improve our tax system, and safeguard national sovereignty and economic interests, increasing revenues, and promoting socialistspiritual civilization construction, etc. China's current economic conditions and legal environment is the introduction of inheritance tax in China is feasible.Chapter III is the inheritance tax system studies. This is the focus of this paper, it is to propose the establishment of the concept of inheritance. First, introduced specific duty system model and the concept of classification, as well as their advantages and disadvantages, pointing out that the inheritance tax system is more suitable for China's national conditions. Then on China's estate tax elements were discussed. On the main tax, taxable, tax rate, tax payment deadlines, and others have specific suitability requirements.Chapter IV illustrates China's reclassification of the difficulty of duty and the introduction of countermeasures. China's current levy estate duty mainly the difficulty of monitoring difficult personal property, loss of personal property assessment mechanism, heritage collection and management difficulties, the high cost of collection, inheritance and other legal basis for the lack of clarity. For the reclassification of difficulty, this paper proposes countermeasures have written them.