Financials Nov 29, 2020 01:28 PM (GMT+8)
Gao Peiyong, vice president of the Chinese Academy of Social Sciences, said at the 18th China reform forum and the annual meeting of China's Reform Research Association on 29 June that the optimization of China's current tax system structure is to realize modern tax functions, that is, to achieve fairness and justice through the arrangement of tax system, which relies on the construction of direct taxation. At present, China's personal income tax has just taken a step forward, and the property income tax has not been formally solved. The reform of direct tax is very important in the period of the 14th five year plan.
This text is a result of machine translation.