Debate on raising income tax threshold exemption

0 CommentsPrint E-mail Xinhua, June 16, 2011
Adjust font size:

Chinese citizens around the country have been debating a proposal to raise the threshold for individual income tax exemption to 3,000 yuan per month.

The NPC Standing Committee, China's top legislature, on Wednesday publicized suggestions and opinions on amending the Law on Individual Income Tax that were submitted online from April 25 to May 31.

Currently, individuals earning under 2,000 yuan ($307.7) per month do not have to pay income tax. However, a draft amendment to the law proposes to raise the threshold to 3,000 yuan per month.

Among all 82,707 citizens who commented on the proposal, 15 percent of them favored raising the exemption to 3,000 yuan.

However, 48 percent suggested to further raise the exemption to 5,000 yuan per month.

A college student from Jiangsu province said that 3,000 yuan was too low for people living in big cities such as Beijing, Shanghai and Guangzhou where many young people's monthly home mortgage payments were higher than 3,000 yuan.

Many people proposed that there should be different exemption thresholds in line with the local individual income level.

Provinces, autonomous regions and municipalities should be authorized to have choices, for instance, 3,000 yuan for those in the west, 4,000 for the middle area and 5,000 for the east, a person from Guangdong province wrote.

Prof. Zhu Daqi with Law School of Renmin University of China said to establish a comprehensive and categorized individual income tax system will give consideration to people of different income levels, which is in line with the objective of tax system reform during the12th Five-Year Plan period(2011-2015).

In addition to raising the individual income tax exemption threshold, many people proposed that the government should consider more methods for citizens to apply for tax reduction and reimbursement in raising families, education and medical treatment.

The top legislature started to collect public proposals and opinions to the amendment of the individual income tax law in April, hoping to gain useful ideas for lawmakers to determine the final version of the amendment.

Hou Quanzhong, a retired government official in Liaoning province wrote that the practice to collect public opinions before reviewing a law amendment was a positive move for the top legislature and progress for China's democracy.

According to the statistics of the participants who left online proposals, 43 percent came from Beijing, Shanghai and Guangdong province. Another comparison shows that nearly half of the participants had a monthly income between 3,000 to 7,500 yuan.

The top legislature will start reviewing the law's latest amendment on June 27. The law, which was first passed in 1994, has been revised for at least five times.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 欧美性黑人极品hd| 美女被按在的视频网站观看| 国内黄色一级片| 一级片一级毛片| 日本人善交69xxx| 久青青在线观看视频国产| 欧美性xxxx偷拍| 亚洲欧美日韩在线不卡| 男人进的越深越爽动态图| 午夜国产精品久久影院| 色先锋影音资源| 国产农村妇女毛片精品久久| 国产情侣一区二区| 国产精品久久久久久一区二区三区| 97精品国产97久久久久久免费| 扒开双腿猛进入爽爽免费视频| 久久久亚洲欧洲日产国码农村| 最新国产精品拍自在线播放| 亚洲女成人图区| 欧美老人巨大xxxx做受视频| 亚洲色偷偷偷综合网| 男女交性永久免费视频播放| 北条麻妃vs黑人解禁| 经典国产一级毛片| 四虎最新免费观看网址| 色哟哟www网站| 国产一国产一级毛片视频在线| 视频一区在线免费观看| 国产伦子沙发午休| 青草青草久热精品视频在线观看| 国产尤物在线视精品在亚洲| 欧美高清一区二区三| 国产特级毛片aaaaaa高清| 男女同房猛烈无遮挡动态图| 国产精品多p对白交换绿帽| 2021国产在线视频| 国产老师的丝袜在线看| 87福利电影网| 国产精品福利一区二区久久| 8888奇米影视笫四色88me| 国产精品无码不卡一区二区三区|