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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Opportunities and Challenges of Individual Tax Reduction

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DOI: 10.25236/iwass.2019.190

Author(s)

Yongli Gao

Corresponding Author

Yongli Gao

Abstract

The personal income tax reform in 2018 is a way to reduce the burden of the people, but it also brings opportunities and challenges. Starting from the background of the reform of individual income tax, this paper introduces in detail the basic situation of the reform of individual income tax. In view of the problems in the tax deduction project, personal information security and other issues, some suggestions are put forward.

Keywords

Personal Income Tax; Reform; Challenge