On The Perfection Of China’s Individual Income Tax Law Expense Deduction System

The personal income tax is one of the important taxes in our country, it has the dual function of organizing financial income and adjusting income distribution. Up to now, the organized financial income function of China’s personal income tax is more obvious, and it can be reflected on the total revenue of the.individual income tax in recent years in China. In contrast, China’s individual income tax did not play its due role in the regulation of income distribution, in recent years our social phenomenon which the gap between rich and poor continues to expanding is an important characterization that the individual income tax has not give play to the adjustment function.The system of expense deduction is the important part of the personal income tax system, and it is the important foundation for regulating income distribution. China’s individual income tax is not performing the function of regulating the distribution of social income because the expense deduction system of China’s individual income tax law is not reasonable. The current deducted system of individual income tax law has not met the requirements of present society; and it needs further reform and improvement.In view of this,"China’s Individual Income Tax Law expense deduction system" is the research subject in this article, it focus on the shortcomings of China’s individual income tax expense deduction system from a legal point of view, and discuses to improving the possible path of China’s individual income tax expense deduction system on the basis of comparing and learning the developed countries’ mature legal experience.The article is divided into four chapters:The first chapter elaborates the theory of the deduction of individual income tax, which laying the theoretical foundation for the full article. The second chapter reviews the history of individual income tax deduction system and analyzes the problems, including the problems as a unit of the individual tax, the problems of the tax classification system, the problems of the current deduction standards, and so on. The third chapter aims at seeking the revelation which reforms and improves the expense deduction system of China’s Individual Income Tax Law through comparing and learning the developed countries’ expense deduction system, such as USA, UK and Japan. The fourth chapter discusses the ways how to improve China’s deduction system of individual income tax, and I hope it can made the improvement of expense deduction system in Individual Income Tax Law more and more reasonable.