Research On The Collection And Management Of Personal Income Tax In Changzhou Under The Background Of Tax Cut And Fee Reductions

Since 2016,China has stepped up efforts to implement universal Tax Cut and Fee Reductions Policy,which has become the focus of public attention.With the implementation of the new Personal Income Tax system in 2019,Tax Cut and Fee Reductions Policy has benefited the majority of natural taxpayers,especially reducing the tax burden of the wage earners.The personal income tax is an important policy for the government to regulate the income distribution of residents,narrow the gap between the rich and the poor,organize fiscal revenue,and stabilize the economy and social order,and its policy effect is more important than income effect.Since 2019,our country has begun to adopt a new personal income tax system combining both Synthesis and classification,which means that our personal income tax reform has taken a substantial step.However,inclusive tax cuts policy cannot effectively promote personal income tax to play its policy role in regulating residents' income and promoting social equity,to some extent,it will also bring about some other problems such as exacerbating local fiscal pressure,arousing the unfair feelings of taxpayers,and making it much more difficult to audit large amounts of information for tax reduction and exemption.So,how to innovate our personal income tax system,strengthen personal income tax collection,and improve personal income tax compliance level,we still have a long way to go.Under the background of Tax Cut and Fee Reductions,this paper quantitatively analyzes the current situation of Changzhou personal income tax collection and management based on the tax contribution,and finds that tax collection and management of non-wage income is weak.It is also pointed out that there are limited means and information asymmetry status under the current situation.By collecting relevant statistical data and using the DEA analysis model,the efficiency of the collection and management of various grassroots sub-bureaus under the current personal income tax collection system in Changzhou is measured.It is found that the tax enforcement and informationization level are the main reasons for restricting the efficiency of collection and management.Finally,this paper proposes some policy suggestions for improving collection and management of personal income tax in Changzhou city under the Background of Tax Cut and Fee Reductions from the aspects of strengthening risk response,improving tax service and third-party information sharing which is based on the conclusions drawn from it.