Exploring the Individual Income Tax Planning Scheme of College Teachers under the New Individual Income Tax Law

DOI

10.2991/icssed-19.2019.52How to use a DOI?

Keywords

College teachers,New income tax,Tax planning.

Abstract

The revised Regulation on the Implementation of the Individual Income Tax Law of the People’s Republic of China was put into force from January 1, 2019, together with the new Individual Income Tax Law of the People’s Republic of China. The new individual income tax law increases the tax abatement for individual income tax, increases special deductions for children’s education and medical expenses for serious diseases, etc. and supplements anti-tax avoidance terms. In this paper, combining the reform of the new individual income tax law and the characteristics of the income of college teachers, using case analysis and field survey, the author points out the influence of the reform of individual income tax on the income of college teachers and proposes an individual income tax planning scheme, with a view to guide college teachers to understand tax policies under the new individual income tax law. Hopefully, college teachers can make individual income tax planning actively, so as to safeguard their own interests.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wang Yingjuan
PY  - 2019/05
DA  - 2019/05
TI  - Exploring the Individual Income Tax Planning Scheme of College Teachers under the New Individual Income Tax Law
BT  - Proceedings of the 2019 4th International Conference on Social Sciences and Economic Development (ICSSED 2019)
PB  - Atlantis Press
SP  - 285
EP  - 291
SN  - 2352-5398
UR  - https://doi.org/10.2991/icssed-19.2019.52
DO  - 10.2991/icssed-19.2019.52
ID  - Yingjuan2019/05
ER  -