> People's Daily talks about wealthy immigrants: Immigration is too easy, why don't we raise the threshold (picture)
People's Daily talks about wealthy immigrants: Immigration is too easy, why don't we raise the threshold (picture) Form a tax system that is conducive to structural optimization and social equity, and increase the income of low-income earners...
Form a tax system that is conducive to structural optimization and social fairness, increase the income of low-income earners, regulate excessively high incomes, and realize that the fruits of development are shared by the people
Recently, Zhang Lan, chairman of South Beauty Group, has attracted widespread public attention for "cancelling her household registration and changing her nationality."
In recent years, Zhang Lan is not the only wealthy Chinese person who has chosen to immigrate, and the heated discussion has never stopped.
On the other hand, in some European and American countries, why are people so much calmer in the face of wealthy immigrants? One reason may be that compared with wealthy Chinese, wealthy individuals from some European and American countries have to face complex taxes when immigrating.
According to media reports, according to U.S. tax laws, even if a U.S. citizen relinquishes U.S. citizenship, the U.S. government can look back for five years and require him to make up for the taxes and penalties he evaded by concealing overseas assets owned five years before giving up U.S. citizenship. If they fail to pay taxes in accordance with the law, according to the provisions of the new voluntary declaration plan, these people will have to pay back taxes and interest for 8 years, plus a penalty amount of 25% of the penaltyee's highest account balance in the past 8 years.
In addition, U.S. law stipulates that certain people who give up U.S. citizenship need to pay tax on unrealized asset gains exceeding $600,000, known as "Exit Tax." According to previous media reports, Facebook co-founder Eduardo Verin had to pay about $365 million in taxes on his Facebook equity gains when he immigrated. This huge amount can be deferred until he sells his Facebook equity. But if he chooses to defer payment, Saverin will need to pay an annual interest of 3.28% to the US government.
In contrast, it is much easier for wealthy Chinese to abandon their citizenship. According to Article 10 of the "Nationality Law of the People's Republic of China", Chinese citizens who meet one of the following conditions may renounce Chinese nationality upon application and approval: 1. Close relatives of foreigners; 2. Those who have settled in a foreign country; 3. There are other legitimate reasons. According to Article 9, Chinese citizens who have settled abroad and voluntarily join or acquire foreign nationality will automatically lose their Chinese nationality. Among the major types of taxes currently levied in our country, there is no "exit tax", and a self-declaration system is adopted for the taxable overseas income of the wealthy. When they give up their nationality, the traceability is not strict.
Every step of optimization of the tax system is the most important issue of interest for the people. Forming a tax system that is conducive to structural optimization and social fairness, increasing the income of low-income earners, regulating excessively high incomes, and realizing that development results are shared by the people are important contents in the report of the 18th National Congress (thematic). The measures taken by some European and American countries to deal with wealthy people abandoning their citizenship may provide us with reference.
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