Before the end of this year, our country will include all withholding units in the full-scope and full-amount withholding detailed declaration management. That is to say, after a unit withholds individual income tax for its employees, it must report relevant tax-related information to the competent tax authority, including basic employee information, employee income, and withheld tax amounts. The State Administration recently issued a notice requiring local tax authorities to comprehensively strengthen the administration of four major taxes: goods and labor taxes, income taxes, property conduct taxes, and international taxes, to promote plugging loopholes and increasing revenue.
The collection of individual income tax is an important part of tax administration. Proper administration can prevent omissions in collection and reporting. If administration is not up to standard, it could lead to tax loss, causing financial losses to the country and people, and being unfair to taxpayers.
In the process of tax collection and management, measures must be continuously taken to prevent tax loss in order to regulate tax collection and payment behaviors, ensure national tax revenue, protect taxpayers' legitimate rights and interests, and promote economic and social development. Based on this, whether for individuals or economic entities, our country has established and improved tax collection methods in the process of tax collection and management, while also forming a collection network to ensure that no taxable amount escapes collection.