Research on the Improvement of China's Special Additional Deduction System for Children's Education of Individual Income Tax

Authors

  • Jiazhe Cheng

DOI:

https://doi.org/10.54691/fhss.v3i1.3469

Keywords:

Individual Income Tax: Special Additional Deduction; Children's Education; Tax Fair.

Abstract

China has implemented the new individual income Tax law since January 1, 2019. In order to further promote the implementation of tax reduction and fee reduction policy and reduce the burden of taxpayers, special additional deduction items were set for the first time. Changed the previous one-size-fits-all deduction method, so that the tax more in line with the principle of taxation. However, there is still some room for improvement in China's current special additional deduction system for children's education, considering children's different education stages, family structure differences and deduction standard design. Some advanced practices in the three aspects of foreign countries can be used for reference, suggestions can be adopted: (1) according to the different education stage to develop differentiated deduction standards; (2) The system design should pay enough attention to the family structure; 3. Scientifically design deduction standards and gradually improve the system of special additional deductions for children's education.

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References

Xu, D.Q.(2013).On the principle of equal burden in tax law. Jurisprudence of China,(5),65-76.

Qi, L.L.,Li,X.X.(2022). Inspiration from French fertility - friendly personal income tax policy. The tax research(4),102-106.

Li, Y.J.,Li,M.N.(2022).The institutional origin, jurisprudential review and optimization strategy of Special Additional deduction for Children's Education. Study on Local Finance(7),79-85.

Jiang, W.Z.,Yang,Y.X.(2022).Review and improvement of special additional deduction of individual tax by law.Dongyue review,(6),174-182.

Feng, H.M.(2022).Remolding the system of additional deduction for children's education under the "three-child" policy.Journal of Southeast University (Philosophy and Social Sciences Edition), (S1), 19-22.

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Published

2023-01-30

Issue

Section

Articles

How to Cite

Cheng, J. (2023). Research on the Improvement of China’s Special Additional Deduction System for Children’s Education of Individual Income Tax. Frontiers in Humanities and Social Sciences, 3(1), 35-40. https://doi.org/10.54691/fhss.v3i1.3469

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