英美个人所得税比较.ppt

Differences and Similarities of Personal Income Tax between UK and US Implications 李亭 高娟娟 袁帅 孙璐 Differences and Similarities Implication Differences and Similarities Contents Taxation System Tax jurisdiction Scope of taxation Income tax rate Tax Credits Taxation System Both UK and US are based on the comprehensive income tax base Advantages of comprehensive income tax They both utilize domiciliary jurisdiction And source jurisdiction. In US, tax obligation is also based on citizenship Add your text Add your text Tax jurisdiction similarity difference Scope of taxation the gross income includes earned income, capital income and transfer income. the computation of taxable income and income tax liability Include Income tax computation, personal allowances and gift aid. Income tax computation consists of three columns---saving income, non-saving income and dividend income. UK US . Statutory redundancy money UK I Income from investments made through individual savings accounts Interest on damages for personal injure WinningsScholarships Income from National Savings Certificates 1 4 2 5 3 6 t t Local authority grant 1 2 3 us Death benefits payable under a life insurance contract Interest on certain tax-exempt State and local bonds Employer-provided health insurance 4 5 Employer-provided pension contributions Certain other employer-provided benefits 1. Describe contents for a Chart Description of the company’s sub contents Description of the company’s sub contents Chart Title in here 2004 2005 2006 2007 30 50 70 120 2. Describe contents for a Chart Description of the company’s sub contents Description of the company’s sub contents Income tax rate U S 1. Describe contents for a Chart Description of the company’s sub contents Description of the company’s sub contents Chart Title in here 2004 2005 2006 2007 30 50 70 120 2. Describe contents for a Chart Description of the company’s sub