Research On Tax Collection And Management Of High Net Worth Individuals In China

With the development of economy,the high net worth individual(HNWI)are growing and becoming an important source of income tax revenue in China.However,there are many problems in the tax collection and management of HNWI,and the problem of tax loss is also very serious.On the one hand,due to the high amount of tax payable of HNWI,their preference for tax evasion is higher;on the other hand,due to the hidden diversity of income sources of HNWI,personal income can often be concealed by the affiliated enterprises of HNWI,so they are more likely to evade tax.As the individual income tax payer,the HNWI is also the ultimate tax payer of the associated enterprise income tax.Strengthening the tax collection and management of the high net worth group can not only reduce the tax loss of the individual income tax,but also has a very important significance for the management of the enterprise income tax of our country.In 2018,China's personal income tax made a major reform,adding anti avoidance clauses in the personal income tax law for the first time,reflecting the current efforts of China's tax collection and management in the direction of continuous strengthening and improvement.Under the current background of tax reduction and fee reduction,in order to increase the proportion of direct tax in tax revenue,we need to realize the full collection of income tax receivable.The most important is to be strict with tax collection and management for the HNWI who ultimately bear direct tax.Based on the current background of China's individual income tax reform,there are some problems in the tax collection and management of HNWI,such as insufficient collection and management efforts and single collection and management means.This paper studies the tax collection and management of HNWI in China,with a view to providing suggestions for the improvement of China's individual income tax collection and management.First of all,this paper analyzes the current situation of tax collection and management of high net worth people in China by using the method of quantitative and qualitative analysis,including the tax collection and management measures taken by the tax authorities for high net worth people before and after the reform of individual income tax,the current problems of tax collection and management and the tax loss of high net worth people.Secondly,this paper uses case analysis method to analyze Fan Bingbing's tax evasion in 2018 from three aspects:natural person tax payer,sole proprietorship tax payer and corporate enterprise taxpayer,and expounds the ways and characteristics of tax evasion of some high net worth people represented by this case.Finally,combined with the successful measures of foreign high net worth people's tax collection and management and the current situation of China's tax collection and management,this paper puts forward suggestions to strengthen the high net worth people's tax collection and management from three aspects: improving the basic system of natural person's tax collection and management,the path design of high net worth people's tax collection and management,and creating a cooperative and compliant collection and management relationship.