Tao Song, Guo Li

(Accounting College of Heilongjiang Bayi Agricultural Reclamation University)

Abstract：

With the rapid development of China's economic construction and the gradual improvement of the tax system, the new personal income tax reform means an important progress in China's tax system. This reform not only deepens the adjustment of tax rate structure, but also adds multiple deduction items, making the personal income tax system more fair and reasonable, and closer to people's lives. This reform not only poses new challenges to individual and corporate tax planning, but also provides new opportunities. Tax planning is no longer a simple tax avoidance behavior, but a scientific and reasonable financial management tool aimed at helping individuals or businesses achieve the goal of reducing tax burden and optimizing economic benefits through careful planning and strategic adjustments within a legal and compliant framework. The new personal income tax reform has endowed tax planning with richer connotations and broader space, demonstrating the harmonious symbiotic relationship between the tax system and the development of individuals and enterprises.

Key Words：

personal income tax; new personal income tax reform; tax planning