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2002-03- 1 1 09:39
On the 4th, State Taxation Administration of The People's Republic of China made new regulations on some personal income tax issues such as personal property rental income and stock subscription: income from work-study programs is also included in the personal income tax category. At the same time, at the Fifth Session of the Ninth China People's Political Consultative Conference held in Beijing, the delegates put forward suggestions on raising the threshold of individual income tax.
New regulations on personal income tax payment
State Taxation Administration of The People's Republic of China, China, made new regulations on some issues of personal income tax on the 4th: when calculating and paying personal income tax, the tax paid in the process of leasing property and the repair expenses actually paid by taxpayers should be deducted. The income earned by journalists, editors and other professionals who hold positions in newspapers, magazines and other units and publish their works in the newspapers and periodicals of their own units belongs to the income earned by holding positions and being employed, and should be combined with the salary income of the current month, and personal income tax should be levied according to the "salary income" item. In addition to the above-mentioned professionals, personal income tax shall also be levied on the income obtained by other personnel from publishing works in newspapers and periodicals of their own units. For works written, edited and translated by professional authors of publishing houses, the remuneration income obtained by publishing houses in the form of books shall be calculated and paid according to the item of "remuneration income". In addition, students in school should pay personal income tax in accordance with the law because they have obtained income from taxable items stipulated in the personal income tax law by participating in work-study programs.
Will paying taxes on work-study programs affect your studies?
Work-study programs also pay taxes. After the news was reported by the media, many people were worried that it would increase the burden on some students who are studying hard, thus affecting their learning methods.
Tax experts replied that paying personal income tax for work-study programs will not have a big impact on students. The expert said that in China's tax exemption clause, there has never been a provision that "the income from work-study programs is exempt from personal income tax". This document is only a reaffirmation of the law in the new situation. In fact, the income from work-study programs has always been subject to personal income tax. This expert believes that after the publication of this document, it will not have a substantial impact on college students' work-study programs and their income. Personal income tax from work-study programs will be taxed according to "labor remuneration" rather than "wage income". Income exceeding 800 yuan (pre-tax deduction within 800 yuan) is taxed at 20%. Most of college students' income from work-study programs is low, and only a small part of their income can exceed the pre-tax deduction, so it will not affect their study. Experts also believe that when the statutory tax amount is reached, there must be a sense of repaying the society through tax payment.
Comments from all walks of life on the tax threshold
The delegates attending the Fifth Session of the Ninth CPPCC National Committee are very concerned about raising the threshold of individual income tax. In the proposal, members suggested that the wage income threshold should be raised from the current 800 yuan to 1.500 yuan; Even if the current tax rate is not adjusted temporarily, can the pre-tax deduction items be appropriately increased to achieve the purpose of raising the threshold of personal income tax and appropriately reducing the tax burden of low-and middle-income people? In addition, the current method of collecting income tax on wages and bonuses. Now it is changed to comprehensive assessment and collection, and the adjustment of high-income people is strengthened.
Many citizens also put forward their own views on the threshold of personal income tax. Ms Zhao, who works in an office in Harbin, thinks that the threshold in 800 yuan is too low at present. Ms. Zhao said that 1993 adopted the threshold of 800 yuan. 10 years, China's national economy has developed rapidly, people's living standards have been greatly improved, wages can be said to have quadrupled, and the threshold for personal income tax should be adjusted accordingly.
Economic experts believe that personal income tax mainly regulates the gap between the rich and the poor in personal income. At present, the unified national personal income tax standard does not consider the level of personal living burden, regional economic development differences and other factors, and loses the regulatory role of personal income tax. Experts suggest that in personal income tax, we should fully consider deducting the living expenses of various regions, and also determine different thresholds and tax rates according to the economic development level of various regions, thus forming several different types of income tax standard collection regions in the country.
(Heilongjiang Daily)