超1亿人申请退税1300亿元

Core Viewpoint - The article discusses the recent data released by the State Taxation Administration regarding personal income tax (PIT) in China, highlighting the effects of the new PIT system on tax refunds and the distribution of tax burdens among different income groups [2][4]. Summary by Sections PIT Refunds and Payments - Over 100 million taxpayers applied for refunds totaling more than 130 billion yuan, while over 7 million taxpayers declared additional payments amounting to approximately 48 billion yuan in the recent PIT settlement [2]. - The average refund amount for 2024 is around 1,300 yuan, significantly higher than the average refund of 582 yuan in 2019 and 2020, attributed to increased special deductions [2][4]. Income Distribution and Tax Burden - The top 10% of earners contribute about 90% of the total PIT, while individuals earning below 120,000 yuan annually are generally exempt from PIT [2][3]. - Among taxpayers, those earning over 1 million yuan represent about 1% of the total but account for over 50% of the total PIT collected [3]. Tax Deductions and Exemptions - The relatively low tax burden on middle and low-income groups is due to a comprehensive deduction system, including basic deductions and various special deductions covering significant living expenses [4]. - The basic deduction threshold is set at 60,000 yuan annually, which is about 62.7% of China's per capita GDP for 2024, higher than the typical 40% in developed countries [4]. Policy Measures and Compliance - The government has implemented various PIT relief measures, including the continuation of policies for one-time bonuses and exemptions for small tax payments, resulting in a total tax reduction of 580 billion yuan [5]. - The tax authorities have intensified efforts to combat tax evasion, particularly among high-income individuals, with over 360 cases of tax evasion involving online influencers and entertainers since 2021, recovering over 3 billion yuan in unpaid taxes [5].