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The Study Of The Defining Rules For The "Income" Of Individual Income Tax

Posted on:2020-06-14Degree:MasterType:Thesis
Country:ChinaCandidate:H PengFull Text:PDF
GTID:2416330578460160Subject:Science of Law
Abstract/Summary:PDF Full Text Request
Individual income tax is kind of tax that objects at all sorts of taxable incomings form individuals(natural person).Individual income tax legislation is the generic term of the laws and regulations for adjusting the social relationship between the tax bureaus and natural persons in the process of Individual income tax collection and management.Being the core element of Individual income tax,it is of great important to define the intrinsic and extensive conception of the object of Individual income tax— taxable income.The ambiguous definition of the “income” in individual income tax is easily break down the balance of property distribution between taxpayers and the government and even aggravates the conflicts the rights between the two parties.Because of the absence of defining the taxable income in both of Chinese Individual Income Tax Law and its enforcement regulation,the finance and taxation department of the State Council has to make a series of explanation and demarcate all sorts of income from taxpayers via approval documents,reply letter and notification publicity with the endlessly emerged income types.Even there are various theories about the definition of the income all over the world,the conception of taxable income is still not clear.Therefore,that's why it becomes a worldwide trouble in taxation legislation.Through analyzing the current situation of the defining rules in taxable income,it can be found that there are a series of problems.The reason that result in the situation mainly lies on the shortage of a unified conception of taxable income,the low degree of the income classification,the ambiguity of the legal feature in income and the improper definition of “other income ”.In the practice of the taxation,it is of great importance to study the defining rules of the taxable income in individual income tax since it would make the taxation scope more clear,help the tax bureaus properly carry on their rights,crystallize taxpayers about their duty and decrease the controversy on taxation between the taxpayers and the tax bureaus.To deal with the problem in the defining the ‘ income ' of Individual income tax,the first step is to clarify its connotation,brighten the its normal conception and legal feature so that to provide specific evidence for the ascertainment of taxable income.Moreover,reclassifying the current taxable income structure into labor income,business income,capital income and occasional income.The reclassification is beneficial for increasing the flexibility of type of the taxable income.Last but not least,according to the updated Individual Income Tax Law,the nominative documentsabout “other income” should be cleared up and its adaption need to be clearly stated.
Keywords/Search Tags:Individual Income Tax, Income, Other income, Tax-related administrative normative documents
PDF Full Text Request
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