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Updated: 2005-09-28 11:19

Most want income tax threshold to be raised 

在昨日舉行的個(gè)稅扣除標(biāo)準(zhǔn)聽(tīng)證會(huì)上,表態(tài)的25位聽(tīng)證陳述人中,只有8位對(duì)1500元扣除額表示贊同,超過(guò)70%的代表提出應(yīng)提高至1600元、2000元甚至3000元。 這些投"反對(duì)票"的甚至還包括了地方財(cái)稅部門(mén)負(fù)責(zé)人。個(gè)人所得稅到底要如何征收才能既維護(hù)大多數(shù)人的利益又不損失國(guó)家的財(cái)政收入呢?

 

Most want income tax threshold to be raised

They debated, they differed and dug deep for a solution to avexingissue: How can personal income tax be levied to benefit as many as possible while at the same time ensuring State finances do not suffer too much?

The two main concerns were: what should be the income threshold to pay taxes and whether there should be a unified tax rate across the country?

While no conclusion was meant to be reached at the country's first-everlegislative hearingon the hot-button issue held yesterday in Beijing, it is clear that people's views are actively being sought on a matter of national concern.

Whatever the eventual outcome, foreigners - who pay income tax only if their monthly income exceeds 4,000 yuan (US$493) - would not be affected, said a senior taxation official.

But many foreign businessmen and enterprises are likely to be keenly watching developments as most of their employees are Chinese and changes would have abearingon their income levels.

Last month, the National People's Congress (NPC), the top legislature,deliberatedbut was divided on a draft amendment to the LawonPersonal Income Tax, which proposed raising the threshold at which income tax is levied from 800 yuan (US$99) to 1,500 yuan (US$185) per month.

A public hearing was then called tosolicit opinionfrom various circles.

(China Daily)

 

Vocabulary:
 

vexing: extremely annoying or displeasing(惱人的)

legislative hearing: (立法聽(tīng)證會(huì))

bearing: relevant relationship or interconnection(影響)

deliberate on: (審議)

solicit opinion: (征集意見(jiàn))


 

 
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