On The Income Tax Issue Regarding Private Loan Interest

Because of its concealment and weak taxpayer's awareness of paying taxes,the income tax on non-governmental lending interest will emerge gradually based on the establishment of taxpayer identification system and information sharing system.However,the problems exposed in the practice of non-governmental lending interest income tax need to be improved and solved urgently.At the same time,the defects and gaps in the tax system are increasingly prominent.Non-governmental lending funds have become an indispensable part of China's financial system.How to build a benign non-governmental lending interest income tax system suitable to the current situation of non-governmental lending funds is particularly important to protect the legitimate rights and interests of taxpayers and promote the healthy development of non-governmental capital.Taking the elements of tax system,namely,taxpayers,tax objects,tax rates,tax procedures(tax links,tax period,tax place),tax reduction,exemption and penalties,as the connecting points,and combining with the current situation of income tax legislation,this paper analyzes the problems existing in the interest tax system of non-governmental borrowing and lending,aiming at exploring the problems existing in the tax system.The problems existing in the current income tax system related to the interest income of non-governmental borrowing and lending,and try to put forward suggestions and suggestions on the improvement of the income tax system of non-governmental borrowing and lending interest.This paper is divided into four chapters and an introduction.The introduction part focuses on the reasons for the study of interest income tax on private lending and the logic of the study.The first chapter focuses on the legislation,taxpayers,tax objects and tax rate status quo of interest income tax on non-governmental borrowing and lending;the second chapter focuses on the tax object,tax rate,tax procedures and other issues.The third chapter emphatically narrates the system of income tax rate outside the territory,the applicable regulation of tax payment procedure and the system of tax law penaltyand its reference.The fourth chapter mainly puts forward the opinions and Suggestions on improving the interest income tax on private lending from the aspects of the object of taxation,tax rate,tax payment procedures,tax preference system and tax sanctions mechanism.