Research On Tax Collection And Management System Of Crowdfunding Industry

At present,although crowdfunding is still in its infancy in China,it has a natural inclusive financial character that is close to innovation and entrepreneurship.On the one hand,it plays an important role in perfecting multi-level capital markets and solving problems such as difficulties in finding high-quality projects for investors and financing difficulties for SMEs.On the other hand,in contrast to the construction of the tax collection and management system in the crowdfunding industry,it cannot cope with the rapid development of the crowdfunding industry,leading to a series of problems in tax collection and management.This paper examines the current situation of the tax collection and management system in China’s crowdfunding industry,analyzes the problems existing in it,and tries to find a solution to the relevant problems in China by learning from the practical experience of the tax collection and management system of foreign crowdfunding industry.In addition to the introduction and conclusions,this paper is divided into the following four parts:The first part is the general question of the tax collection system of the crowdfunding industry.This section first defines the concept of the crowdfunding industry,discusses the mode of operation of the crowdfunding industry and the tax system for crowdfunding industry.Secondly,this section points out the importance of strengthening tax collection and management in the crowdfunding industry.Finally,the principles that should be followed in the tax collection and management of the crowdfunding industry are put forward.The second part is the analysis of the problem of the tax collection and management system of the crowdfunding industry in China.This part analyzes the legal problems existing in the current tax collection and management system of crowdfunding industry in China from four aspects: tax management system,tax collection system,tax inspection system and tax legal liability system.In terms of taxation management system,there are mainly problems such as imperfect tax registration system,imperfect accounting book and voucher management system,and imperfect tax reporting system.In terms of tax collection system,there are mainly tax jurisdictions and the withholding system.Problems such as perfection and imperfect tax enforcement system;in terms of tax inspection system,there are mainly problems such as imperfect inspection authority of tax authorities and imperfect tax inspection system;in terms of tax liability system,there are mainly imperfect tax liabilityprovisions.And the problem of imperfect evidence collection system is not perfect.The third part is a comparative study and experience of the tax collection and management system of the extra-curricular crowdfunding industry.In this section,we focus on the status of tax collection and management systems in the Internet finance sector,including the crowdfunding industry in the United States,the European Union,and Japan.Then,combined with China’s national conditions,summed up the experience that China can learn from.The fourth part is the perfect path for the tax collection and management system of the crowdfunding industry in China.This part is discussed in the order of tax management system,tax collection system,tax inspection system and tax legal liability system.In this part,we responded to the institutional issues raised in the second part of this paper,in order to improve the tax collection and management system of the crowdfunding industry in China and promote the development of the crowdfunding industry.Specific measures include: First,improve the tax management system.Including improving the tax registration system,improving the account book,certificate management system,and improving the tax declaration system.Second,improve the tax collection system.That is to clarify the tax jurisdiction,improve the withholding and payment system,and improve the tax enforcement system.Third,improve the tax inspection system.That is to improve the tax inspection authority provisions and improve the tax inspection system.Fourth,improve the tax liability system.That is to improve the tax liability provisions and improve the tax collection system for tax violations.