What are the benefits of natural person levy? Updated five minutes ago .

Mondo Health Updated on 2024-02-01

Collection by natural persons is a way to collect taxes on behalf of natural persons, which is often used in the collection of individual income tax in tax management.

The advantages of natural person agency collection are as follows:

Policy on behalf of natural persons - click here to understand.

1.Reducing the burden of tax work: In this way, only the taxpayers of comprehensive income are subject to verification and collection, which reduces the workload of the tax department, simplifies the operation process of taxpayers, and improves the efficiency of individual income tax collection.

2.Broad tax base, universality and continuity of collection: The person collecting on behalf of the taxpayer can accurately grasp the income status of taxpayers, collect tax in accordance with laws and regulations, and effectively maintain the universality and continuity of tax collection.

3.Balance the tax burden and promote fair competition: Collecting taxes on behalf of taxpayers can better balance the tax burden of taxpayers, avoid unfair phenomena, and promote fair competition.

4.It can easily deal with the problem of tax rebate of export commodities and the prevention of insufficient taxation of imported commodities: the collector can accurately grasp the information of export commodities and carry out tax refund operations in accordance with legal procedures, while also avoiding the problem of insufficient taxation of imported commodities.

5.Ensure the stability and timeliness of fiscal revenue: through the collection of taxes, to ensure the stability of fiscal revenue and timely flow into the national treasury, for the best fiscal planning to lay a solid foundation.

6.It can realize the mutual restraint and cross-audit of tax collection and management to avoid tax evasion: the mutual supervision and cross-audit between the collectors can effectively prevent tax evasion and improve the efficiency and fairness of tax collection and management.

All in all, the collection of taxes by natural persons can significantly improve the efficiency and fairness of tax administration, promote fair competition, ensure the stability and timeliness of fiscal revenue, and also reduce the workload of tax departments and taxpayers, and simplify tax payment procedures.

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