The Three Major Problems Of China’s Inheritance Tax Legislation And Countermeasures

Inheritance tax is an international solution to the division between rich and poor generally tax adjustment method used. In recent years, a growing gap between rich and poor in our society, look at all aspects of the condition, the time is ripe inheritance tax. However, our inheritance from the proposed legislation to twenty years have now passed, but not available. Dystocia estate law in China, there are three major problems of concern:First, our tax model of choice. Comparative analysis of three specific tax model, the combination of China’s relevant laws and regulations, the system is not perfect, the collection level is lagging behind other reasons, choose to come to our collection and management requirements of the relatively low level of total estate tax system model is more appropriate.Second, the heritage value of the assessment. Learn from foreign experience and heritage assessment form to ensure fair, made in China should establish an independent agency to assess the heritage, mainly on the assessment methods generally take on the world market value based method, supplemented by other methods, and rigorous assessment of the relevant legal provisions.Third, heritage flow to foreign issues. For by the tax evasion and international tax competition has led to the legacy of outflows, the taxpayers, rate design, threshold, deductions, tax avoidance trusts, administration make the law, also need to levy gift tax, estate duty to implement joint and several liability practices.Analysis of the system through the estate and inheritance in the world for the practice of research, drawing on the development of national inheritance tax system based on the experience, according to China’s actual conditions, for the proposed three questions for our response. Come to our country should choose the total estate tax system is appropriate, in the assessment of heritage values should be standardized assessment agencies and assessment procedures, to prevent the outflow of heritage in their own manner for several outflow targeted solutions. To contribute to our inheritance tax legislation, further adjusting income distribution, improve our tax system.