Study On Collection And Management Of Individual Income Tax In The Condition Of Asymmetric-information

Personal income tax is a form of direct taxes. Its most central role is the division of property and income adjustment, promoting social justice and scheduling government revenue. However, China’s personal income tax collection is still a large problem. This paper attempts to explore the current situation of China’s personal income tax collection under the information asymmetry factor, to learn the tax collection and management of foreign experience, and then take the decision-making structures to improve the situation and deep the reform of personal income tax collection. It is beneficial to enhance the ability of individual income tax collection and make the foundation of promoting further reform of China’s personal income tax.Asymmetric information theory research is based on the economic relations among market participants under asymmetric information, the main content is to mitigate or eliminate the effects of information advantage. Considering the tax collection practices of all countries, they all suffer the prevalence of behavior-distorting of the tax workers, poor administration of corruption, tax evasion and other taxpayer fraud vulnerabilities. The key reason for such loopholes is asymmetric information. This phenomenon is mainly between the taxpayer and the tax man, the tax authorities and tax officials, the tax authorities and other offices.In this paper, on the basis of foreign experience in the collection of personal income tax, I analyze the personal income tax issue under conditions of asymmetric information, and then find that the main reasons are follows:diversity, privacy and concealment of personal income data; existing loophole in incentive system; low level of tax collection and management through information technology. After exploring in depth and on the basis of abroad reference, this paper proposes the following suggestions:to complete tax information construction, to accelerate the construction of incentive mechanisms and to create a favorable environment.