On The Improvement Of China's Personal Income Tax Deduction System

The implementation of the special supplementary deduction system for personal income tax in the country has solved some of the people's livelihood issues that have been receiving much attention,reduced the tax burden of taxpayers,and reflects China's greater emphasis on social equity and protection of taxpayers' rights.However,it can be seen from the effect of its implementation that there are still many deficiencies in the personal tax deduction system.The specific manifestation is that there are mostly fixed amounts in the deduction method,and the deduction method lacks flexibility;in terms of scope,it shows that the deduction items are narrow,Failed to fully embody the principle of quantitative taxation;in addition,the cost deduction standard could not be effectively changed with price changes.Therefore,to adapt to the people's expectations for a better life,based on the "Interim Measures for Special Additional Deductions for Personal Income Tax",through analysis and discussion of the legal basis and existing deficiencies of the system,and drawing on useful experience from other regions,on this basis,additional deductions for special items The system will be improved.The improvement of the special supplementary deduction system for personal income tax in China should be embodied in the lack of flexibility in the method of deduction of expenses.It is possible to introduce the establishment of a deduction method for expenses in units of households,which can be used in conjunction with the current deduction method for expenses in individual units;For the problem of the narrow scope of deduction of expenses,the scope of special deductions can be appropriately expanded,such as increasing the deduction items of spouse expenses,expanding the deduction scope of education expenses,refining the deduction of medical expenses,adding special deduction projects,etc.;the price deduction standard has not fully considered the price factor In accordance with fluctuations in the price index,the deduction standard can be adjusted accordingly;establishing a differentiated fee deduction mechanism according to different regions can also promote fairness and reasonableness of the tax system.The special additional deduction system for personal income tax is an important part of China's deepening tax reform,and the system is improved in terms of deduction methods and system design concepts.It not only helps to promote the system to be more fair and reasonable,regulated,concise and efficient Development direction,and can reduce the tax burden of taxpayers to improve taxpayers' sense of gain and happiness,which will help promote the construction of China's modern economic system and help achieve the good vision of good law and good governance.