A Research On The Current Situation, Problems And Countermeasures Of The Personal Income Tax In Suzhou

Personal income tax, an important part of the financial revenue and tax system, is functioning as an essential tool of social income adjustment. With a rapid growth in recent years, its role in regulating social income is better demonstrated in two respects: on one hand, it is able to balance the social income, adjusting it to the appropriate level; on the other hand, it also aims at stimulating the consumption, expanding domestic demand and ensuring social equity. Consequently, the collection and management of personal income is considered as a key issue in the society. Nevertheless, owing to the shortcomings of individual income tax system, the diversity of people’s income and inadequate control of personal income information, the problem of collection and management has been regarded as a serious one. As a result, the study of Suzhou personal income tax collection and management should receive significant focus.Based on the introduction of the relevant theories and concepts of personal income tax, the paper takes Suzhou city as an example, studies the current situation of the personal income tax collection, points out the problems and puts forward the corresponding countermeasures. Based on the analysis of the present situation of Suzhou personal income tax, this paper considers that the main problems of Suzhou city personal income tax collection are mainly reflected in the following aspects: the tax system is not reasonable, the tax law is not perfect, the tax enforcement and tax information management is not enough. The cause of these problems lies in the lack of fairness in the system design, tax awareness to be improved, the low level of tax management and tax management ideas. In view of these problems, this paper considers that the personal income tax in Suzhou needs to be carried out in the following aspects, including strengthening the system of personal income tax, perfecting the tax law system, improving tax management level and strengthening tax information construction.