Tax Policy Research On The Cause Of China Aging

In accord with the provisions of the United Nations standard, if people over60years old in a country accounts for more than10%of Gross Population or if peopleover60years old in a country accounts for more than7%, it is said that the country isin the aging society.Our country has entered the aging society in2000, and the aging phenomenon isbecoming increasingly serious. Although the pension service has developed in recentyears, there is still a considerable gap. A lot of old people will face the situation thatthey will have nobody to rely on and nowhere to live in China. Familiesand government pension will meet with tremendous pressure, and social parties needto participate in old-age programs, to deal with the increasingly serious aging problemin China. This involves many aspects, such as endowment insurance, pension services,pension real estate, endowment industry financing problem, social security fees ortax and so on. There are still a lot of problems in the system. In order to promotethe development of the cause of China aging, and to cope with the aging of populationin China better, this thesis will search on tax policies of the cause of China aging, andputs forward corresponding suggestions for improvement.The first part mainly expounds the purpose and significance of the study, theresearch methods used, innovations and deficiencies, literature review of tax policy ofthe cause of China aging as far as the necessity and reform suggestions are concerned.The second part tells the theory basis why we should use tax policy to support thecause of China aging from the perspective of periodic length and small profit fromolder industries, the quasi-public qualities of elderly services, elderly marketinformation asymmetry, the positive externalities on the cause of China aging. Thethird part tells the aging trend, government efforts of China, the current situation ofthe development of China’s aging industry. The fourth part studies domestic tax policysituation of services for the aged, pension insurance, the income of the elderly andother aspects. The fifth part selects13countries according to data availability andaging degree based on the world rankings, and researches on the GST, corporateincome tax, personal income tax, social security tax and other aspects of thepreferential tax situation of these countries. The fifth part then compares the domesticand foreign related tax policy, and draws the conclusion on what we can learn fromthe tax policies of these countries. The last part concludes the ageing conditions of ourcountry and our tax policy issues on old-age programs and put forward reasonable taxpolicy suggestions based on the study above to deal with ageing problems in China.