Research On The Tax Law Of Individual Tax Deferred Commercial Endowment Insurance

In recent years,the situation of the population ageing in China has become more and more serious,and the problems of the basic old-age insurance system,such as the great pressure of the old-age pension and the imbalance of the old-age insurance system are imminent.The individual tax deferred commercial endowment insurance,which takes tax deferral as the core system,originated in western countries,as the third pillar tool for western countries to deal with the population ageing,ease the pressure of government expenditure and construct a balanced pension insurance system,it has achieved good results.Chinese tax-deferred commercial old-age insurance legal system has been explored three times on a pilot basis.Although it has achieved certain results,it also reflects that under the requirement of the principle of taxation according to capacity.There are still some deficiencies in the coverage object,tax preferential form,credit quota and operation mode.This paper is divided into four parts:The first part is the basic theory of individual tax deferred business endowment insurance.The individual tax deferred business endowment insurance is the business endowment insurance that enables the insured to enjoy a certain proportion of personal income tax exemption at the payment stage,the income tax exemption at the investment income stage,and the back tax payment at the collection stage,it has the characteristics of voluntary,social fairness and risk.On the tax preference model,the most typical models are EET model and TEE model.The theory of tax economic effect,the theory of life cycle consumption and the principle of energy taxation provide the theoretical basis for it.The second part of the tax deferred business pension insurance extraterritorial legal system and evaluation.Britain,the United States,Germany and Canada have achieved good results in implementing the individual tax deferred business endowment insurance system.The main reason is that its legal system is relatively perfect,the range of participants is reasonable,the forms of tax preferences are various,the credit quota is set up in detail,and the tax collection is in order,which provides rich experience for our country system construction.The third part is about the status and problems of the legal system of our country individual tax deferred commercial endowment insurance.The current tax-deferred commercial endowment insurance legal system in China has a narrow range of participants,a single form of tax preferences,and an imperfect design of the credit limit,the lack of reasonable punishment and restriction on the special claim of the insured.The fourth part is the suggestion of perfecting the legal system of our country;s individual tax deferred commercial endowment insurance.It is suggested that by expanding the coverage of the participants,increasing the forms of tax preferences,improving the detailed design of the quota of credit,and increasing reasonable measures to restrict the special claim of the insured,perfecting the deferred Commercial Endowment Insurance System of individual tax in China.