Predicament and solution:Personal income tax for high income groups in the network entertainment industry Legal problems and breakthroughs in collection and management
Online entertainment is a crucial part of China's cultural scene,with significant market potential.However,high-income individuals in this sector exploit tax law gaps,leading to frequent evasion and scandals.We assess the personal income tax system for these individuals,highlighting tax loss severity by reviewing relevant policies.Issues include unclear taxable scope,unequal tax incentives,limited tax information,flawed withholding mechanisms,and weak legal penalties.To address these,legislative reforms should clarify taxable income,adjust rates,and regulate concessions.Collection efforts should standardize transactions,improve withholding,enhance penalties,and use digital tools for invoice management.
network entertainment industrypersonal income taxtax collection and managementfinance and taxation la