Core Viewpoint - The article discusses the tax revenue and structural reforms in China during the "14th Five-Year Plan" period, highlighting the expected tax revenue exceeding 155 trillion yuan, which accounts for about 80% of total fiscal revenue, and the continuous optimization of the tax structure with direct taxes surpassing 40% [1][3]. Tax Revenue and Economic Growth - Tax revenue is expected to exceed 155 trillion yuan during the "14th Five-Year Plan," with tax revenue (excluding export tax rebates) projected to surpass 85 trillion yuan [3]. - The tax structure is improving, with direct taxes now making up over 40% of total tax revenue, reflecting enhanced redistributive functions [3]. - The manufacturing sector contributes approximately 30% of total tax revenue, indicating its critical role in the economy [3]. - The growth rate of high-tech industries is notable, with an annual increase of 13.9% [5]. Tax Policy and Economic Impact - The cumulative new tax cuts and reductions are expected to reach 10.5 trillion yuan, significantly supporting economic growth [6]. - The tax policies are particularly beneficial for private enterprises, with 72.9% of the new tax cuts benefiting private taxpayers [7]. - The sales revenue of the private economy has increased from 68.9% in 2020 to 71.7% in the first half of this year [7]. Personal Income Tax and Income Distribution - The implementation of the new personal income tax law has improved income distribution, with the top 10% of earners paying about 90% of personal income tax [9]. - Individuals with an annual income below 120,000 yuan generally do not pay personal income tax after adjustments [9]. - The personal income tax deduction system is extensive, covering various living expenses, which contributes to lower tax burdens for middle and low-income groups [9][10].

记者丨周慧 编辑丨钟映佳 黎雨桐 7月28日，国新办举行"高质量完成'十四五'规划"系列主题新闻发布会。 图：发布会现场 摄影：周慧 2 0 2 1年以来查处网络主播偷逃税案3 6 0余起 下一步，国家税务总局将坚持"法治公平就是最优的营商环境、最好的税收支持"这一理念，一 以贯之秉公执法，积极促进企业在合规经营中发展壮大。 在查处违法方面，近年来国家税务总局积极会同公安、人民银行、法院等八部门健全一体化打 击涉税违法犯罪的工作机制，强化对违法行为的精准查处。特别是紧盯团伙犯罪，对职业化、 网络化、跨区域涉税违法加力狠打，2024年以来查处779个职业化犯罪团伙，对9734名犯罪嫌 疑人采取强制措施，838人受到震慑主动投案自首。 国家税务总局紧盯重点人员，依法查处了 一批包括网络主播、明星艺人在内的高收入人员偷逃税案件。 其中， 2021年以来，查处网络主播偷逃税案件达360余起，查补税款30多亿元。 国家税务总 局紧盯骗享优惠，持续加大工作力度，"十四五"期间，累计查处骗取和违规享受税费优惠案件 2.18万起，查补税款269亿元，坚决不让税费优惠政策的"红包"落入不法分子的"腰包"。 在规范执法方面，持续 ...

Core Insights - The recent tax data reveals significant trends in personal income tax (PIT) refunds and payments, indicating a shift towards a more equitable tax system in China [2][3] Group 1: Tax Refunds and Payments - Over 100 million taxpayers applied for refunds totaling more than 130 billion yuan, while over 7 million taxpayers declared additional payments of around 48 billion yuan [2] - The number of taxpayers receiving refunds significantly exceeds those making additional payments, suggesting a higher probability of refunds for taxpayers [2][3] - The average refund amount for 2024 is approximately 1,300 yuan, which is notably higher than the average refund of 582 yuan in 2019 and 2020, likely due to increased special deductions [2][3] Group 2: 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 typically do not pay taxes after reconciliation [2][3] - More than 70% of individuals with comprehensive income do not pay PIT, and over 60% of those who do pay are subject to the lowest tax rate of 3% [3] - The current PIT deduction system, which includes various allowances and a relatively high threshold, contributes to the low tax burden on middle and low-income groups [3][4] Group 3: Policy Impact on Taxation - The government has focused on reducing the financial burden of child-rearing and elder care through enhanced special deductions, benefiting primarily middle-aged individuals [4] - Recent tax policies have resulted in a reduction of 580 billion yuan in PIT, with specific measures like the exemption of tax on bonuses under 400 yuan and housing tax refunds [4] - The tax authority has actively pursued tax evasion cases, particularly among high-income individuals, with over 360 cases involving online influencers since 2021, recovering over 3 billion yuan in unpaid taxes [5]

Core Viewpoint - The individual income tax (IIT) system in China demonstrates a progressive tax structure, where high-income earners contribute significantly more to tax revenues compared to low and middle-income earners, reflecting its role in income redistribution [1] Group 1 - From 2021 to 2024, the top 10% of income earners are responsible for approximately 90% of the total individual income tax collected [1] - Individuals with a comprehensive annual income below 120,000 yuan are generally exempt from paying taxes after the annual reconciliation [1] - The data indicates a sustained effect of the individual income tax in adjusting income distribution, with high-income earners paying more taxes while low and middle-income earners pay less or none [1]

Group 1 - The core viewpoint of the news is the significant progress in tax reform and revenue generation during the "14th Five-Year Plan" period, highlighting the government's efforts to enhance fiscal capacity and promote equitable income distribution [1][2] Group 2 - Since the beginning of the "14th Five-Year Plan," the total tax revenue is expected to exceed 155 trillion yuan, accounting for approximately 80% of total fiscal revenue, with tax revenue alone surpassing 85 trillion yuan, an increase of 13 trillion yuan compared to the "13th Five-Year Plan" [1] - The tax authorities have recovered 571 billion yuan in tax losses by investigating 62,100 cases of tax violations, which has raised public awareness of tax laws and fairness in the legal system [1] - The individual income tax (IIT) system has shown a significant redistributive effect, with the top 10% of earners contributing about 90% of the total IIT, while individuals earning below 120,000 yuan annually are generally exempt from tax [1] Group 3 - In 2024, over 100 million taxpayers applied for tax refunds totaling more than 130 billion yuan, while over 7 million taxpayers voluntarily reported additional taxes amounting to over 48 billion yuan, reflecting the fairness and legal compliance of the new IIT system [2] - The number of overseas tourists benefiting from tax refunds in China increased by 186% in the first half of the year, with the number of tax refund stores exceeding 7,200, indicating a growing interest in "China tours" [2] - The sales volume and tax refund amount for tax-exempt goods have increased by 94.6% and 93.2% year-on-year, respectively, showcasing the effectiveness of the tax refund policy in boosting tourism [2]

Core Viewpoint - The data from the National Taxation Administration indicates that the top 10% of income earners contribute approximately 90% of individual income tax, highlighting the progressive nature of the tax system in redistributing income [1] Group 1 - From 2021 to 2024, the top 10% of income earners are responsible for about 90% of the total individual income tax paid [1] - Individuals with a comprehensive income of less than 120,000 yuan annually are generally exempt from paying taxes after reconciliation [1] - The data reflects the ongoing effect of the individual income tax system in redistributing income, where high-income earners pay more taxes while middle and low-income earners pay less or no taxes [1]

Group 1 - The core viewpoint of the articles indicates that individual income tax (IIT) revenue has shown a relatively fast growth this year, contributing significantly to the narrowing decline in national tax revenue [1][2][3] - In the first five months of 2025, IIT revenue reached 657.2 billion yuan, representing a year-on-year increase of 8.2%, which is higher than the national tax revenue growth rate of -1.6% during the same period [1][3] - The increase in IIT is attributed to several factors, including a low base from the previous year, rising incomes among middle and high-income earners, and strengthened tax administration [1][2][3] Group 2 - In Beijing, IIT revenue grew by 6.4% in the first four months of 2025, driven by increased tax payments from stock option exercises and year-end bonuses [2] - High-income earners, particularly those with annual incomes exceeding 1 million yuan, contribute significantly to IIT revenue, accounting for over 50% of total IIT despite representing only 1% of the total number of taxpayers [2] - The IIT revenue for the first five months of 2025 is comparable to the same period in 2022 and 2023, but lower than the pre-reform level in 2018 [3] Group 3 - The Ministry of Finance reported that securities transaction stamp duty reached 66.8 billion yuan in the first five months of 2025, marking a substantial year-on-year increase of 52.4% [4] - The projected IIT revenue for 2025 is estimated at 1.57 trillion yuan, with an expected year-on-year growth of approximately 6.3% [5]