Study On Legal Issues Of Special Additional Deduction For Individual Income Tax

As one of the main tax types in China,personal income tax is mainly used to increase fiscal income,adjust residents’ income distribution,and promote economic growth.The new personal income tax law will be officially implemented on January 1,2019.The main purpose is to further facilitate the people,benefit the people,and benefit the people,which is a welcome news for all taxpayers.This new personal income tax reform is a fundamental change.Not only does it combine the basic situation of each taxpayer,it also adds six special additional deductions,but also increases the personal income tax exemption to 5000 yuan per month,and implements a comprehensive classification Highlights such as a mixed tax system combined with comprehensive,optimized tax rate structure,and increased anti-avoidance provisions reflect the resonance of personal income tax and the same frequency of the times,making it more in line with China’s basic national conditions,better adjusting income distribution,and promoting social equity,and truly feel The personal income tax reform will bring dividends to every taxpayer.In this personal income tax reform,a major breakthrough is an important step in the establishment of a personal income tax system that combines classification and synthesis.Another major breakthrough in the reform is the increase in children’s education expenditure,continuing education expenditure,serious illness medical expenditure,There are six special additional deductions for interest payments on housing loans,housing rentals,and expenditures for supporting the elderly.The special additional deductions take into account the differences in individual circumstances and reflect the fairness of the tax system.The reform also responds to the social deductions for personal actual living expenses.The voice reflects that the function of personal income tax reform is not only to regulate income distribution,but also to a higher level,paying more attention to improving people’s livelihood and promoting social equity and justice.This article expounds the mode of personal income tax and pre-tax deduction,the connotation and deduction items of special additional deduction for personal income tax,and puts forward a reasonable range of special additional deduction for personal income tax based on relevant theories.According to the status quo,existing problems and actual situation of the special additional deduction for personal income tax in China,we focus on analyzing the.problems existing in the special additional deduction standard for personal income tax.This article summarizes the advantages of the special deduction system for personal income tax in three countries including the United Kingdom,the United States,and Japan,and uses its experience as a perfect reference for the special deduction system for personal income tax in China.Regarding the suggestions on the special additional deduction,standard for personal income tax in China,.on the basis of discussing the significance of adjusting the special additional deduction standard for personal income tax in China,starting from the special additional deduction system for personal income tax in China,it is proposed to improve the special additional deduction system for personal income tax in China and establish a reasonable The tax system model and the declaration model establish scientific special additional deduction standards with a view to providing a reference for personal income tax reform,improving the ability and level of personal income tax collection and management,and advancing China’s tax governance system and governance capability modernization.