Research On Tax Collection And Management Of Internet Finance Of China

With the development of network technology and mobile communication technology,the Internet has revolutionized a social life.Because of its integration with the financial industry,it has emerged as an emerging field of Internet finance,such as Alipay,Yu'ebao,and Renren.Internet finance is an emerging field that combines Internet technology and financial services.In the first year of Internet finance in 2013,due to the low threshold for entering the industry,the high-speed development model was launched.The third-party payment platform gradually matured,and the P2 P network lending platform exploded.The growth model,crowdfunding has gradually applied to various fields to show great market vitality.Internet finance is increasingly important in the economic field,and Internet finance can bring more convenience.However,due to the wide range of Internet finance services,the government needs to strengthen supervision of the Internet financial market.Internet financial market chaos,financial tax collection and management are not in place,these issues will seriously restrict the development of connected finance.Although some laws and regulations have been promulgated in China,such as the “Guiding Opinions on Promoting the Healthy Development of Internet Finance” issued by the central bank in 2015,as the “Basic Law on Internet Finance”,its definition of Internet financial transactions can play a role in the regulation of the Internet.effect.And in 2018,the National People's Congress passed the "E-commerce Law",which is an important legislative measure for China to build a legal system that is compatible with the social and economic life of the Internet era.The law accurately defines the legal status of e-commerce platforms and provides for platforms and operators.Rights,obligations and responsibilities,etc.Although the "E-commerce Law" does not explicitly stipulate Internet finance,it has a pivotal position in China's Internet transaction law,because it can play a role in promoting tax collection and management of the Internet financial industry.This paper uses literature analysis,empirical analysis and comparative analysis to study the tax collection and management of Internet finance in China.First of all,by expounding the definition and characteristics of Internet finance,on the one hand,Internet finance makes up for the gap in the traditional financial industry,which is conducive to the expansion of financial services by traditional financial enterprises.On the other hand,its internet financial transactions can solve the problem of financing difficulties for small and medium-sized enterprises and individual industrialand commercial households,expand private financing channels,and promote China's financial development.The characteristics of internet finance are characterized by hidden transaction entities,low transaction costs,and virtual transactions.Then,from third-party payment,P2 P network lending,and crowdfunding,the status quo of Internet finance is pointed out,pointing out that Internet finance plays an important role in China's economic field.The impact of life is becoming more and more important,so it is of great significance to select the Internet financial tax collection and management to meet the direction of economic development and improve China's tax collection and management system;This paper analyzes the status quo and problems of China's Internet finance tax collection and management,and concludes that there are some difficult tax elements in tax collection and management,the lack of tax collection and management laws,the flaws in the tax collection and management process,and the imperfect facilities of tax collection and management;further comparison of the financial tax structure through the Internet Under perfect circumstances,it analyzes the tax loss generated in tax collection and management,and provides theoretical support for strengthening the tax collection and management of Internet finance in China.On this basis,combined with the experience of foreign Internet finance tax collection and management policies,the EU,the United States and Australia are mainly selected as the main analysis objects,and it is concluded that China should adhere to the tax neutral principle in the process of tax collection and management of Internet finance;The paper puts forward specific proposals for tax collection and management of Internet finance in China,mainly from the tax collection and management laws,tax collection and management system,and tax collection and management facilities to explain how to strengthen the tax collection and management of Internet finance in China.The specific measures include improving the laws and regulations on Internet financial tax collection and management,and implementing the Internet tax registration system.Promote the application of new electronic invoices on the Internet,establish a tax collection and management model based on capital flow control,and improve the supporting facilities for Internet financial tax collection and management.