The Research On The Tax Law Regulation Of Internet Finance

With the advancement of Internet technology,the Internet finance business has experienced rapid development in the world,and financial innovation has become a topic for everyone to contend with.The increasing share of Internet financial services in the market economy may completely replace traditional finance in the near future.The innovation of financing methods and service methods of Internet finance,to a certain extent,makes the original taxation entity law and procedural law all have certain inadaptability,which leads to serious tax evasion of Internet finance participants.This paper analyzes the concept and characteristics of Internet finance,and especially studies the types of businesses that have a high degree of participation in China's Internet finance,such as P2 P lending,third-party payment,crowdfunding and the tax regulations that they face,trying to adopt tax laws.The principles and perspectives examine China's Internet taxation,taxation,and legal systems,and contribute to the optimization of China's Internet taxation legal system and the construction of a tax collection and management system that is compatible with Internet financial services.In addition to the introduction and conclusion part,this article consists of four parts:The first part introduces the concept and development model of Internet finance,and the necessity of tax regulation.Explained the six major development models of Internet finance,summarized the differences between Internet finance and traditional finance in controlling customer demand capabilities,operating models,operating costs,and specific operations.Analyzed that its tax regulation system can promote the Internet financial industry.Development,promote the whole socio-economic progress.The second part summarizes the current status and existing problems of the Internet tax system.The status quo of the regulation of the Internet finance industry in the entire tax law system is explained based on value-added tax,personal income tax,and corporate income tax.The predicament of Internet finance in current taxation entity law and tax procedure law is concluded.It mainly violates the principle of tax fairness,undermines the principle of tax efficiency,the taxpayer is not easy to determine,there is a problem in the application of the value-added tax taxation,the taxation location is difficult to determine,the tax jurisdiction is in conflict,and the current tax declaration system is not conducive to Internet financial taxation and Internet finance tax source management.The related supporting collection and management techniques are not perfect.The third part is the introduction and analysis of the outline of the Internet financial tax regulations outside the domain.This section describes the U.S.and EU Internet tax rules and regulations,and analyzes the U.S.and EU tax laws that are friendly to Internet finance.It does not formulate new tax rules for Internet finance,but instead adapts the Internet to relevant facts and concepts.Finance is incorporated into the current tax law principles and the tax law rules system.The fourth part puts forward proposals for improving the legal system of Internet taxation.This section puts forward that the Internet finance industry complies with the principle of taxation of quantity in order to promote fair taxation,implement the principle of tax efficiency,optimize the compliance cost of taxation,clarify the identity of taxpayers and the reference standard of the permanent establishment to determine the main body of tax payment,and apply VAT to different categories of business.,To determine the location of tax payment to ease the conflict of taxation jurisdiction,establish a tax registration and filing system suitable for internet finance,strengthen the exchange of tax-related information,and raise taxpayer awareness of taxation to improve the measures for the collection and management of Internet finance taxation.