I. Obligation to pay individual income tax
Personal income tax is a tax levied on personal income, including wages, royalties, property lease income and other forms of income. Every citizen with income should declare and pay personal income tax to the tax authorities in accordance with state regulations and according to his own income.
Second, the risk of not paying personal income tax in full and on time.
If individuals cannot pay their personal income tax in full and on time, they will face a series of risks. First of all, the tax authorities will recover the unpaid taxes in accordance with relevant laws and regulations, and impose a late fee. Secondly, personal credit records will also be affected, and loan and credit card applications may be in trouble in the future. More seriously, if individuals deliberately evade taxes, they will face legal sanctions, including fines and criminal responsibility.
Third, how to avoid taxes legally.
Although personal income tax is inevitable, individuals can avoid taxes through legal means. For example, we can make rational use of preferential tax policies, such as special additional deduction for children's education and interest on housing loans; You can also plan your income structure reasonably and choose the tax planning method that suits you.
To sum up:
Personal income tax is the obligation of every citizen, and we must pay it. Individuals should be clear about their income, declare and pay personal income tax in accordance with state regulations, and avoid risks such as fines and damage to credit records. At the same time, individuals can also avoid taxes through legal means and reduce their tax burden.
Legal basis:
Individual Income Tax Law of the People's Republic of China
Article 2 provides that:
The following personal income shall be subject to personal income tax:
(1) Income from wages and salaries;
(2) Income from remuneration for labor services;
(3) Income from remuneration;
(4) Income from royalties;
(5) Operating income;
(6) Income from interest, dividends and bonuses;
(7) Income from property lease;
(8) Income from property transfer;
(9) Accidental income.
People's Republic of China (PRC) tax collection management law
Article 62 provides that:
Taxpayers fail to file tax returns and submit tax information within the prescribed time limit, or withholding agents fail to submit tax withholding and collecting reports and relevant materials to the tax authorities within the prescribed time limit, and the tax authorities shall order them to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of not less than two thousand yuan but not more than ten thousand yuan may be imposed.