China News Service, Beijing, December 22 (Reporter Zhao Jianhua) The research team of the China International Taxation Research Association released the "International Comparative Study of China's Annual Individual Income Tax Calculations" (hereinafter referred to as the "Report") on the 22nd. Five aspects show certain international comparative advantages.

  These five comparative advantages include: China's comprehensive personal income tax prepayment system is highly accurate, the tax rebate mechanism design demonstrates the "taxpayer-centered" concept, the electronic filing rate is at a relatively high level in the world, and the pre-filling service for return items At a relatively high level internationally, the tax refund time is faster than the international average.

  Before reaching the above conclusions, the research team of the China International Taxation Research Association took the data of China's final settlement and payment in the past two years as a sample, and selected the personal income tax declaration data of some developed countries and regions to conduct a comparative study.

  The "Report" calculated the non-refundable non-refundable rates of their respective annual accounts in recent years based on the declared data disclosed by countries and regions.

Among them, the number of non-refundable non-refundable people in China in 2019 and 2020 accounted for 42.96% and 35.20% of the total number of participants in the finals, respectively, with an average of 39.08%, which is much higher than the level of some developed countries and regions.

A large number of taxpayers in China found that their withholding and prepaid tax amounts are exactly the same as the annual tax payables, and they only need to simply confirm to complete the declaration. The tax burden is greatly reduced.

  China’s current withholding and prepayment and final settlement systems have effectively avoided the trouble of "pay more in advance, then more tax refund", and try to ensure that most taxpayers accurately prepay taxes and pay in advance in the process of withholding and prepayment. Enjoy the reform dividend.

  The "Report" pointed out that according to the two annual calculation data, China's electronic filing rate is above 95%.

Most taxpayers use mobile apps to declare and complete tax refunds, and tax informationization has played an active role in the management of personal income tax collection.

The tax rebate time is generally 3-14 days, with an average of 11.84 days, which is faster than the average level of some developed countries and regions.

  The "Report" also recommends perfecting the taxation management legislation for natural persons, and further optimizing the taxation system and declaration management.

The highest grade, that is, the taxable income of 960,000 yuan or more corresponds to a high nominal tax rate of 45%. It is recommended to lower the maximum nominal tax rate in due course.

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