Research On The Tax Policy To Promote The Development Of Commercial Endowment Insurance

Referring to the definition of population aging that has been promulgated by the United Nations,the country's population over 65 years of age accounts for more than 7% of the population,indicating that the country is moving toward an “ageing society”.On January 22,2016,Li Zhong,a spokesperson for the Ministry of Human Resources and Social Sciences,pointed out that China is accelerating its migration to an aging society.In 2015,the population aged 65 and over in China was 143.44 million.In the last decade,the population aged 65 and above has increased year by year.Around 2035,the number of elderly people in China will approach 400 million.By 2050,it will reach 437 million,and the proportion of elderly people will be 31.2%.The disappearance of demographic dividends and the disappearance of demographic dividends mean that the peak of population ageing is coming and the value-creating labor force will be reduced.Therefore,the seriousness and necessity of the pension problem will surface.In recent years,socio-economic development has been rapid,the old-age support model and concept of the elderly have changed,and the “land for the aged” and “family care for the elderly” have been unable to meet the status quo.In the event that families,especially children,are unable to complete care for the elderly,the government's pension insurance system can effectively supplement the shortage of dependents.The basic old-age insurance and professional annuities have encountered a lot of challenges in the process of advancement,and they have been unable to break through the bottleneck in the direction of development.The emergence of this problem has provided ideas for the development of the third pension pillar of commercial pension insurance.At the same time,the status quo of China's aging society also determines the necessity of the current development of commercial pension insurance to improve China's social pension system.With the increase of self-care awareness,people's investment in pension insurance has gradually increased.Based on tax incentive policies,individuals are encouraged to purchase commercial pension insurance.This not only promotes the rapid development of commercial pension insurance,but also adapts to theaging population in China.Basic national conditions,greatly alleviate the problem of old-age care,reduce or eliminate the predicament of poverty caused by illness,can realize the further improvement of China's pension insurance system.Improve the standard of living of the people.According to the above analysis,the current government and individuals are highly concerned about the issue of pension insurance.Based on the three stages of payment,accumulation,and collection,this paper analyzes the drawbacks of China's commercial pension insurance in detail based on the TEE taxation form.Based on previous research results,and through the analysis of tax policies in developed countries,the pension policy under the EET taxation model is discussed,and corresponding solutions are provided.Based on reasonable tax incentives,individuals are encouraged to purchase commercial pension insurance.Desire to find a solution to the problem of old-age care in the aging of our society.This article takes commercial pension insurance as the research object,analyzes the problems existing in the TEE taxation model through specific data,and has ample arguments;innovatively conducts research from the three stages of payment,accumulation,and collection,and finally proposes related solutions and policy recommendations.