Innovation Scheme Design of Personal Income Tax Collection and Administration Based on Blockchain Technology

Research Article
Open access

Innovation Scheme Design of Personal Income Tax Collection and Administration Based on Blockchain Technology

Jiaqi Wang 1*
  • 1 Beijing University of Posts and Telecommunications, China    
  • *corresponding author wangjiaqi7@bupt.edu.cn
Published on 21 March 2023 | https://doi.org/10.54254/2754-1169/3/2022842
AEMPS Vol.3
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-15-7
ISBN (Online): 978-1-915371-16-4

Abstract

This paper sorts out the application status and technical characteristics of blockchain, and aiming at the problems of long and complicated tax payment process, lack of sufficient verification mechanism and serious loss of personal income tax in China's personal income tax collection and management, puts forward the idea of personal income tax collection and management combined with blockchain technology. Then, this paper designs a personal income tax collection and administration scheme based on alliance chain and intelligent contract to assist the tax authorities to conduct efficient, safe and automated tax collection.

Keywords:

Internet plus, Personal Income Tax Collection and Administration, Smart Contract., Blockchain

Wang,J. (2023). Innovation Scheme Design of Personal Income Tax Collection and Administration Based on Blockchain Technology. Advances in Economics, Management and Political Sciences,3,597-608.
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References

[1]. Jeffrey Owens, Zhenhua He, Wang Sifan, et al. Prospect of Blockchain Technology and Analysis of Its Application Prospect in Tax Field [J]. International Tax, 2017(9):36-40.

[2]. Pan Xiaozhen. China's individual income tax collection efficiency evaluation and improvement [J]. Journal of Yangzhou University School of Taxation, 2011(2):60-64.

[3]. Yan Hua, Xia Taibiao, Chen Jiandong. Personal income tax revenue turnover rate sample survey [J]. Tax Research, 2016(11):48-52.

[4]. Li Jianjun. Individual income tax collection efficiency: theoretical and empirical analysis [J]. Economic Science, 2013(2):109-119.

[5]. Li Wei, Wang Shaoguo. Estimation of Individual Income Tax Potential in China's Provinces and Analysis of Influencing Factors —— Empirical Evidence of Comprehensive Progressive Individual Income Tax Reform [J]. Contemporary Economic Science, 2015, 37 (1): 25-31.

[6]. Guo Hongyu. Analysis on the Main Causes of the Loss of China's Individual Income Tax and Countermeasures [D]. Shanghai Customs Institute, 2021.

[7]. Zhang Zhile. Assumption of Promoting Tax Compliance with Blockchain Technology [J]. Tax Research, 2017(12):108-111.

[8]. Zhao yichen, Lu yang, Zhai mingxue. blockchain technology: Web3.0+ a possibility of taxation [J]. modern business, 2021(12):104-108.

[9]. Hu Qilei. Research on the application of blockchain technology in the field of tax sharing [J]. Friends of Accounting, 2021 (11): 150-156.

[10]. Xie Qinghua, Zhou Zhiyong. Dynamic game between blockchain enabling tax collection and administration and tax planning [J]. Taxation and Economy, 2021(4):40-47.

[11]. Ainsworth RT,Alwohaibi M,Cheetham M.VATCoin: The GCC’s Cryptotaxcurrency[D]. Boston University School of Law,2017.

[12]. Du Li, Zheng Yuwen. Application of Blockchain Technology to Promote Innovation of Value-added Tax Administration in China: Mechanism Analysis and Scheme Design [J]. Tax Research, 2018(6):72-79.

[13]. Jia Yizheng, Zhang Zhujin. Opportunities and challenges of blockchain technology in tax administration [J]. Friends of Accounting, 2018 (4): 142-145.

[14]. Chang Kai, feng han. Blockchain: From digital currency to Credit Society [J]. State-owned Enterprise Administration, 2018(07):18.

Cite this article

Wang,J. (2023). Innovation Scheme Design of Personal Income Tax Collection and Administration Based on Blockchain Technology. Advances in Economics, Management and Political Sciences,3,597-608.

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About volume

Volume title: Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅰ

ISBN：978-1-915371-15-7(Print) / 978-1-915371-16-4(Online)
Editor：Javier Cifuentes-Faura, Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2022
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.3
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Jeffrey Owens, Zhenhua He, Wang Sifan, et al. Prospect of Blockchain Technology and Analysis of Its Application Prospect in Tax Field [J]. International Tax, 2017(9):36-40.

[2]. Pan Xiaozhen. China's individual income tax collection efficiency evaluation and improvement [J]. Journal of Yangzhou University School of Taxation, 2011(2):60-64.

[3]. Yan Hua, Xia Taibiao, Chen Jiandong. Personal income tax revenue turnover rate sample survey [J]. Tax Research, 2016(11):48-52.

[4]. Li Jianjun. Individual income tax collection efficiency: theoretical and empirical analysis [J]. Economic Science, 2013(2):109-119.

[5]. Li Wei, Wang Shaoguo. Estimation of Individual Income Tax Potential in China's Provinces and Analysis of Influencing Factors —— Empirical Evidence of Comprehensive Progressive Individual Income Tax Reform [J]. Contemporary Economic Science, 2015, 37 (1): 25-31.

[6]. Guo Hongyu. Analysis on the Main Causes of the Loss of China's Individual Income Tax and Countermeasures [D]. Shanghai Customs Institute, 2021.

[7]. Zhang Zhile. Assumption of Promoting Tax Compliance with Blockchain Technology [J]. Tax Research, 2017(12):108-111.

[8]. Zhao yichen, Lu yang, Zhai mingxue. blockchain technology: Web3.0+ a possibility of taxation [J]. modern business, 2021(12):104-108.

[9]. Hu Qilei. Research on the application of blockchain technology in the field of tax sharing [J]. Friends of Accounting, 2021 (11): 150-156.

[10]. Xie Qinghua, Zhou Zhiyong. Dynamic game between blockchain enabling tax collection and administration and tax planning [J]. Taxation and Economy, 2021(4):40-47.

[11]. Ainsworth RT,Alwohaibi M,Cheetham M.VATCoin: The GCC’s Cryptotaxcurrency[D]. Boston University School of Law,2017.

[12]. Du Li, Zheng Yuwen. Application of Blockchain Technology to Promote Innovation of Value-added Tax Administration in China: Mechanism Analysis and Scheme Design [J]. Tax Research, 2018(6):72-79.

[13]. Jia Yizheng, Zhang Zhujin. Opportunities and challenges of blockchain technology in tax administration [J]. Friends of Accounting, 2018 (4): 142-145.

[14]. Chang Kai, feng han. Blockchain: From digital currency to Credit Society [J]. State-owned Enterprise Administration, 2018(07):18.

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