Personal Tax.docVIP

Personal Income Tax Revolution of China Public Finance Han Zhang A personal or individual income tax is levied on the total income of the individual. As an important tax of china, and also an important tool for regulating income distribution to narrow the gap between the rich and the poor, it did not play the desired effect. Nowadays, the personal income tax reform has become the focus of the society; the requirement of increasing personal income tax expense standard deduction keeps rising, the reform is urgently needed. The personal income Tax reform In the twenty-first meeting o