Research On VAT-related Issues Of The Third-party Payment

The third-party payment came into being and changed the trading way of conventional direct payment currency in the joint promotion of Internet technology and e-commerce,it has brought great benifits to our lives.The rapid development of the third-party payment has brought significant impact on the entire payment industry,the financial industry and even the macroeconomic.With the development of the industry,the corresponding legal regulatory issues are gradually revealed,such as financial security,information disclosure,misappropriation of fundsnd.It is the time for us to pay attention to the third-party payment tax legislation.The current tax payment on the third-party payment has been in a state of confusion.Therefore,it is imperative for our country to supervise and manage the third-party payment.Firstly,this paper introduces the study background and significance of the related content,then introduces the development of the definition of the third-party payment industry,so as to not hinder its development under the condition of given appropriate tax collection.Secondly,because there are so many business models in the third-party payment industry,the business tax of each model is not the same,the executive caliber is different,it is levied heavy tax in some areas,but some areas not.There are not clear legal provisions,such as interest for precipitation funds,it belongs to the third-party payment platform or consumers or businesses,there is no explicit regulations about the interest,so this part of the tax has been lost,but the interest income of precipitation funds is objective,if there has been no provisions of the tax,it will cause the national fiscal revenue loss.Therefore,it is necessary to make a theoretical analysis of the legality and rationality of the tax payment about the third-party.In addition,it is essential to examine the tax problems of the current third-party payment enterprises,and find the problems mainly from the two perspectives of the profit model and the whole industry.Finally,combined with international experience,this paper introduces the practices of developed countries representing the United States,regional representatives,the European Union and the Asian countries of Singapore,and puts forward corresponding suggestions and Countermeasures for the problems.The third-party payment of different business has different tax problems,so when we design the tax system,according to the enterprises' different stages of development,it is necessary for us to adhere to a flexible,timely and alterable principle,and then make a point of countermeasures.