Ministry Of Personnel And Social Affairs: Amendment Of Tax Law And "Reform Of Personal Income Tax System"

Today, the Standing Committee of the National People's Congress voted through the report of the motion submitted by the finance and Economic Commission of the National People's Congress on the motion submitted by the presiding Committee for the fourth session of the Twelfth National People's Congress (hereinafter referred to as the report). According to the report, for the above 10 pieces of motion concerning the revision of the labor contract law, the Ministry of human resources and social security believes that there are some disputes over the contents of the legislation, the no fixed term labor contract and the economic compensation in the implementation of the labor contract law. The next step is to conduct a comprehensive assessment of the contents of the non fixed term labor contract, and put forward suggestions for revising the labor contract law on the basis of investigation and evaluation.

At the four session of the twelve National People's Congress held in March this year, more than 10 deputies to the National People's Congress submitted the motion on Amending the labor contract law, which put forward that the current labor contract law attaches great importance to protecting the interests of workers, while ignoring the rights and interests of enterprises and signing an unfixed period. Labor contract The regulations do not conform to the actual conditions of the laborers, and are unfair and impartial. They should appropriately increase the cost of breach of contract for workers. At the same time, the problem of arrears of wages for migrant workers in construction industry is prominent, affecting social stability and harmony. There is no legal basis for the implementation of the wage margin system, and it is proposed to amend the labor contract law.

The financial and Economic Commission recommends human resources and Social Security Department We should further study the representative opinions, strengthen research and demonstration, speed up the progress of work, and put forward suggestions for revising the law at the right time. This means that the Ministry of human resources and social affairs will make a comprehensive assessment of the controversial issues in the implementation of the labor contract law, such as unfixed term labor contracts and economic compensation. After a comprehensive assessment, we should find out the demands of the disputing parties, then start the remedial law and put forward suggestions for amending the law.

"It should be adjusted again. personal income tax In recent years, this is the focus of attention of the working class. At the four session of the twelve National People's Congress, 30 NPC deputies, such as Amgen, submitted the motion, proposed to amend the personal income tax law, clarify the legislative purpose, improve the taxpayer's self declaration system, establish the tax credit evaluation system, and raise the tax threshold.

According to the report, for the motion proposed by the deputies to amend the tax law, the Ministry of finance thinks: "according to the requirements of the the third Plenary Session of the 18th CPC Central Committee and fifth plenary session on the establishment of a comprehensive personal income tax system with integrated classification, the Ministry of finance is working closely with the relevant departments of the State Administration of Taxation and other relevant departments to study the reform of the personal income tax system. In the future, we will create conditions for the reform of the personal income tax system by combining the measures of supporting collection and management, establishing the personal income tax management information system, and implementing a unified natural tax identification number system. In the process of reform, we should co-ordinate the study of the deduction of expenses, and better play the role of individual income tax in regulating the distribution of income.

The report shows that the finance and Economic Committee agrees with the above opinions of the Ministry of finance. "It is suggested that the relevant departments of the Ministry of Finance and other relevant departments should actively promote the work of law revision combined with the views of the representatives." This shows that the revision of the tax law will match the reform of the personal income tax system. However, the reform is at the stage of "grasping the research". The "roadmap" of the reform is "promoting the collection and management of supporting measures, establishing a personal income tax management information system, and implementing a unified tax identification number system for natural persons". As for wage earners concerned about the tax threshold, "in the process of reform, co-ordination of research cost deduction."