Research On Legal Regulations Of Individual Income Tax Exemption During The Period Of The Repulic Of China

To increase fiscal revenue,the government of the republic of china prepared to levy tax on income in the very beginning and enacted the Income Tax Ordinance in 1914.But because of the chaotic war among the warlords,the income tax ordinance were never been enforced.The income tax weren't enfored until the Income Tax Provisional Regulations were enacted in 1936.Thereafter until the collapse of the republic of China,the government of the republic of China carried on tax legislation for many times and made many changes on exemption rules.The income tax law of the republic of China was divided into three stages.The legislation of period of income tax regulations shall be exempted from project and specific amount made specific provision,such as a certain extent,embodies the principle of volume can afford,float to the surface,but there are loopholes on many regulations on exemption;the period of income tax provisional regulations,relevant legislation and practice of the amount of income tax were further thorough.The exemption of the specific law started,which the lowest cost of living,family expense deduction as well as the specific income were exempted from issues with larger legislation progress,manifest the tax legal system in practice constantly adjust the form;the law of period of income tax law put in the concept of comprehensive exemption,which was a comprehensive income tax attempt.Comprehensive exemption of income tax vividly reflected the adjustment of the tax system and the interaction of social economy and the relevant practices showed the advantages of a certain extent,embodied the comprehensive income tax system.The legislation results of the income tax of the republic of China,especially the repeated adjustment of the exemption and the attempt at the comprehensive income tax system,are of great significance and value for our current income tax legislation.In response to the plight of China's current tax exemption adjustment,summarizing relevant experience and lessons of the republic of China,we should apply the system of comprehensive income tax system reform,and solve the problem of family life expense deduction from the angle of family lesson to declare tax system.