Taxation refers to a normative form in which the state participates in the distribution of social products in a compulsory and unpaid way in order to provide public goods to the society and meet social needs, and obtains fiscal revenue. The following is what I have compiled for you about the impact of tax reform on enterprises, for reference only, and I hope it will help you!
The impact of tax reform on enterprises;
1. Due to the strengthening of anti-tax avoidance rules, enterprises need to pay taxes for employees truthfully.
2. High-net-worth individuals and affiliated companies must follow the principle of fair trade, but it is not feasible to hold financial accounts through offshore companies.
Article 8 has been added to the Tax Law: Under any of the following circumstances, the tax authorities have the right to make reasonable tax adjustments:
(a) business dealings between individuals and their related parties do not conform to the principle of independent transactions, and the tax payable by individuals or their related parties is reduced without justifiable reasons;
(2) Enterprises controlled by individual residents, or enterprises established in countries (regions) where the actual tax burden controlled by individual residents and enterprise residents is obviously low, do not distribute or reduce the profits belonging to individual residents without reasonable business needs;
(three) individuals obtain improper tax benefits by implementing other arrangements that have no reasonable commercial purpose.
3. As all social insurance premiums are uniformly collected by the tax authorities, it is more convenient for enterprises to handle taxes.
In order to reduce the collection cost, straighten out the responsibility relationship, improve the efficiency of collection and management, and provide taxpayers with better, more efficient and more convenient services, the national tax and local tax agencies below the provincial level will be merged to undertake the collection and management responsibilities of various tax and non-tax revenues within their respective jurisdictions. In order to improve the efficiency of the collection and management of social insurance funds, various social insurance premiums such as basic old-age insurance premiums, basic medical insurance premiums and unemployment insurance premiums are handed over to the tax authorities for unified collection. After the merger of national tax and local tax agencies, a dual leadership management system with People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China as the main body and provincial (autonomous regions and municipalities directly under the Central Government) governments will be implemented. State Taxation Administration of The People's Republic of China should, jointly with provincial Party committees and governments, strengthen the leadership of the Party in the tax system, do a good job in Party building, ideological and political construction and cadre team building, optimize the tax organization system and tax collection and management responsibilities at all levels, improve the structural layout and power allocation according to the principle of combining "slimming" with "fitness", and build an optimized, efficient and unified tax collection and management system.
4. There is a special additional deduction to raise the tax threshold, which improves the enthusiasm of workers.
The tax threshold is adjusted to 5,000 yuan, and there are special deductions such as continuing education and supporting parents. Individuals will pay less taxes and earn more money.
In addition, in the new tax law, the taxable items of individual income tax are reduced from the original 1 1 to nine items, except for the "income from contracted operation and lease operation of enterprises and institutions" that has been cancelled in the previous draft. The new tax law no longer retains "other income determined by the financial department of the State Council" and changes it to "other tax-free income stipulated by the State Council".
The tax system model adjusts the original classified taxation model to a comprehensive and classified taxation model. For the first time, four kinds of labor income, such as wages and salaries, labor remuneration, manuscript remuneration and royalties, are taxed on an annual basis as comprehensive income, and a uniform progressive tax rate is applicable. Personal income tax is calculated by individual residents on an annual basis, and by non-resident individuals on a monthly or itemized basis.
Related knowledge:
The "Plan for Deepening the Reform of Party and State Institutions" issued by the Central Committee mentioned that all social insurance premiums are uniformly collected by the tax authorities!
Among them, the forty-sixth point: reform the collection and management system of national tax and local tax. In order to reduce the collection cost, straighten out the responsibility relationship, improve the efficiency of collection and management, and provide taxpayers with better, more efficient and more convenient services, the national tax and local tax agencies below the provincial level will be merged to undertake the collection and management responsibilities of various tax and non-tax revenues within their respective jurisdictions. In order to improve the efficiency of the collection and management of social insurance funds, various social insurance premiums such as basic old-age insurance premiums, basic medical insurance premiums and unemployment insurance premiums are handed over to the tax authorities for unified collection. After the merger of national tax and local tax agencies, a dual leadership management system with People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China as the main body and provincial (autonomous regions and municipalities directly under the Central Government) governments will be implemented. State Taxation Administration of The People's Republic of China should, jointly with provincial Party committees and governments, strengthen the leadership of the Party in the tax system, do a good job in Party building, ideological and political construction and cadre team building, optimize the tax organization system and tax collection and management responsibilities at all levels, improve the structural layout and power allocation according to the principle of combining "slimming" with "fitness", and build an optimized, efficient and unified tax collection and management system.
;