Research On Personal Tax Deferred Commercial Endowment Insurance In China

As China enters an aging society and the degree of aging is deepening,the pressure on the country to cope with the problem of old-age care is also growing.The reason is that China's current old-age security system is not mature enough,and there is not enough strength to solve the rising demand for old-age care.The problem is that China's three-pillar pension system is facing great challenges.The public's risk awareness and the willingness to purchase personal commercial endowment insurance have been low for a long time,which led to the late development of China's personal commercial endowment insurance,making the personal commercial endowment insurance account for a very low proportion in China's pension insurance system.Taxation is one of the means for the state to carry out macroeconomic regulation and control.The purpose of implementing taxation policy is to carry out macroeconomic regulation and control of the national economy.It is necessary to encourage people to purchase personal commercial endowment insurance.If taxation is applied to the purchase of premiums,the promotion of China The level of personal business pensions is bound to have a significant effect.Personal tax deferred commercial endowment insurance is different from direct tax concessions.The former is to defer the personal income tax payable for the purchase of endowment insurance premiums to the future to receive the insurance premium,and then pay the personal income tax at the relevant tax rate.This deferred tax Preferential policies are of great significance for improving China's pension insurance system and promoting the sustainable and healthy development of the insurance industry.Based on China's basic national conditions,with quantitative research and qualitative research as the main research methods,this paper analyzes the case of Shanghai pilot individual tax deferred pension insurance from multiple angles,and concludes that higher income groups are more sensitive to taxation.That is,the income tax reduction of high-income people will be even greater;the third chapter demonstrates the feasibility and necessity of implementing personal tax-deferred endowment insurance from the policy environment,social subjects and economic development direction;The situation o f Tianjin and Shanghai tax deferred pilots and the development status of the insurance in China highlights the problems of unfair tax incentives and market risks in China's current personal tax deferred pension insurance.The fifth chapter analyzes the United States,Developed countries such as Germany have achieved good results in personal tax deferred pension insurance,and discussed the significance of implementing tax deferred pension insurance in developed countries for China.The sixth chapter is aimed at China's development of personal tax deferred commercial pension insurance.The problem is to propose five strategies to optimize China's tax deferred pension insurance.