Amendment (draft) of instructions

About the individual income tax law of the People's Republic MBT Habari,of China
China's current personal income tax law since 1994, according to "since the implementation of high earners pay tax, more tax less middle-income earners, lower-income people pay no tax" principle, in adjusting income distribution, organization fiscal revenue has played an important role. Personal income tax in 2010 for 4837 billion yuan, accounting for the tax revenue of 6.3%.
In order to implement the central about strengthening tax on the residents' income distribution regulation requirements, lower low-income tax burden for high earners, increase the adjustment, and considering the resident basic life to the actual situation of consumer spending growth, it is necessary to revise, further improve the individual incomembt shoes sale tax income from wages and salaries minus expenses standard, meanwhile adjust working income tax rates structure and individual and industrial and commercial door and contracting leased operation income tax rates structure. Therefore, the ministry of finance, administration of taxation in earnest on the basis of investigation and study, the drafting of the individual income tax law of the People's Republic of China (draft) "amendment (hereinafter referred to as the draft). The draft has been standing committee of state council for discussion and approval. Now will concern question showed as follows:
One, about raising wages and salaries income minus expenses standard
Personal income tax law, wages and salaries shall be monthly personal income minus the balance of certain fees for taxable income. Working income minus expenses rules, the purpose is to reflect residents basic living expenses not taxed principles. As residents of the cost of maintaining a basic life when great changes have taken place, minus expenses standards should be adjusted accordingly. Since the implementation of individual income tax in accordance with laws modify the program, has twice the adjustment minus MBT Ema, expenses standard working income: 2006 January 1 from 800 yuan/month raised to 1,600 yuan/month, March 1, 2008 by 1600 yuan/month since raised to 2000 yuan/month. According to the national bureau of statistics data, and Chinese urban residents 2010 annual per capita consumer spending (including basic living expenses and the basic necessities spending) for 1123 yuan/month, according to the average every employed 1.93 people calculation, the burden of the urban employed for consumer spending per capita burden 2167 yuan/month. According to the town in 2011 the burden of consumer spending per capita employed about 10 percent growth estimates, 2384 yuan/month. Comprehensive account of various factors, the draft will be proposed to the deduction of expenses standard by current 2000 yuan/month raised to 3000 yuan/month. Adjusted, working income taxpayers of total working income group by far is the proportion of the 28%, descend to around 12%.