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Revision process of personal income tax threshold
20 1 1 On April 20th, the 20th meeting of the 11th the National People's Congress Standing Committee (NPCSC) was held, and it is planned to adjust the personal income tax exemption to 3,500 yuan.

20 1 1 In mid-June, the survey showed that 48% of netizens requested to modify the tax exemption.

On June 30th, 20 1 1, the 21st meeting of the 11th the NPC Standing Committee adopted a decision on amending the individual income tax law, which will take effect on September 30th, 201/.

At the beginning of 2065438+01July, Liu Zuo, Director of State Taxation Administration of The People's Republic of China of People's Republic of China (PRC) Institute of Taxation, answered related questions.

On August 3, 2065438, the decision to amend the individual income tax law was passed. The threshold is 5,000 yuan per month, and the latest threshold and tax rate will be implemented from August 18 to 10/.

Extended data:

I. The origin of the system

1The Individual Income Tax Law of People's Republic of China (PRC) promulgated in September 1980 is the first individual income tax law promulgated since the founding of the People's Republic of China.

1On September 25th, 986, the State Council issued the Provisional Regulations on Personal Income Regulation Tax in People's Republic of China (PRC).

From 1987 65438+ 10 1, the personal income tax levied on domestic citizens in China has been changed to personal income adjustment tax. Since then, personal income tax has become a foreign-related tax levied on foreigners who have income in China.

The Fourth Session of the Eighth the NPC Standing Committee deliberated and passed the decision on amending the Individual Income Tax Law of People's Republic of China (PRC).

One of the main contents of the revision of the personal income tax law is to merge the personal income tax, the personal income adjustment tax and the income tax of urban and rural individual industrial and commercial households into a unified personal income tax, which has ended the disunity of China's personal income tax system and brought China's personal income tax system into a unified, standardized and international practice track.

Second, the applicable tax rate.

Personal income tax has three different tax rates according to different tax items:

1. Income from wages and salaries is subject to the seven-level excess progressive tax rate, which is calculated according to the monthly taxable income.

The tax rate is classified according to the taxable income of individual monthly wages and salaries, with the highest level being 45%, the lowest level being 3%, and the ***7 level.

2. The income from production and operation of individual industrial and commercial households and the 5-level excess progressive tax rate applicable to enterprises and institutions.

The income from production and operation of individual industrial and commercial households and the annual taxable income from contracted operation and lease operation of enterprises and institutions are classified into grades, with the lowest grade being 5%, the highest grade being 35%, and the first grade being 5.

3. Proportional tax rate.

Personal income tax is levied on income from remuneration for authors, remuneration for labor services, royalties, interest, dividends, bonus income, income from property leasing, income from property transfer, accidental income and other income, and the proportional tax rate of 20% is applicable.

Among them, the proportional tax rate of 20% is applicable to the income from remuneration, and the tax payable is reduced by 30%; If the one-time income from labor remuneration is abnormally high, except for 20% tax, the part of taxable income exceeding 20,000 yuan to 50,000 yuan shall be calculated according to the provisions of the tax law, and then levied according to 50% of the taxable amount; More than 50,000 yuan, plus 100%. "