The Microcosmic Effect Of Individual Tax Delayed Endowment Insurance Products

According to the report on the development of China’s pension finance,China’s aging population will account for 20.2%in 2030.The problem of aging population is increasingly prominent and has developed into a serious social problem.In 2008,our government put forward the development of commercial endowment insurance tax deferred type,and fujian,Shanghai and suzhou industrial park as a tax deferred model of commercial endowment insurance pilot,but its development speed is relatively slow,the residents of a tax deferred commercial endowment insurance is a lack of advanced knowledge and understanding,ginseng protect intention is low,so through the research of the income tax deferred the microscopic effect of commercial endowment insurance,type of deferred tax preferential policy could smooth implementation and ease the population aging in our country under the background of the government’s fiscal crisis has important practical significance.This article first to tax deferred type of commercial endowment insurance has carried on the brief introduction of the relevant theory,to our country income tax deferred model of commercial endowment insurance development present situation,problem is discussed,and a second type of foreign tax deferred endowment insurance are analyzed and discussed,current situation and development model and experience for reference,absorb the suitable to our country curreiit situation of international experience.Secondly,the micro effect of individual tax deferred commercial endowment insurance is analyzed theoretically,and various tax preferential models are compared and analyzed.Then,this paper builds a theoretical model and numerical simulation to obtain the optimal preferential margin of tax,and proves that the government can improve the utility level of individual insured by rational use of tax leverage.Finally,on the basis of theoretical analysis and numerical simulation,this paper puts forward targeted measures and Suggestions for the implementation of tax-deferred pension insurance in China.