Tax

From CNM Wiki
Jump to: navigation, search

Applications

Taxes in the US vs China

  1. the United States takes income tax as the main body, while China takes turnover tax as the main body.
  2. In the United States, individual taxes have a strong "equalizing effect", while in China, the opposite is true
  3. Both China and the United States have graduated taxes. But in china sometime have red packet to police.
  4. "Both countries are tax-rich models. U.S. tax is income tax. China is an indirect tax. America is taxing the rich."
  5. Both of them are re-taxation models. America is based on income tax, China has a tax model with turnover tax as the main body.
  6. Both the United States and China have multiple tax systems, but the United States has the income tax as the main body, while China has the turnover tax as the main body
  7. China's inflation should be more serious, look at this sino-us housing price, of course, I do not have the exact data support. I think the reason why the U.S. is still using it is because they're pricing their products, and they like 1.99. Calculate you decide integer, the consumption tax of the United States calculates alone, do not enter commodity total price namely. So the original price of the product times the tax rate is also out. Most americans use credit CARDS more often than cash, so they don't mind if they do.
  8. China's tax law adopts the enforcement system, while the United States adopts the declaration system
  9. for daily goods,  china mianland didn't collect tex from street pedlar. but US d not same like that. as I know. 
  10. In China, wages and salaries are the most difficult to evade taxes. Generally speaking, almost 90% of the income of low-income groups is composed of wages.However, many high-income people have many other sources or hidden income, and this part of channel income is not specifically controlled and regulated by the individual income tax law, so they pay little related taxes.As a result, individual income tax can not play a role in adjusting income distribution. Everyone is appealing that China should improve the system of individual income tax, offset low-income groups, and regulate illegal tax avoidance for the rich.
  11. In the United States, income tax (direct tax) is the main body, while in China, turnover tax (indirect tax) is the main body
  12. No matter from the breadth and the depth, our country tax macroscopic adjustment and the United States have the very big disparity. From the micro perspective, the United States mainly adopts the lower income tax rate for enterprises
  13. On average, American taxes are higher than Chinese taxes.
  14. Personal tax in the United States accounts for a very large proportion of fiscal revenue, on the contrary, China's personal tax contribution is so small that it can almost be ignored. The federal, state and prefectural governments in the United States have to double-tax individual taxes, only property taxes, and the federal government does not participate in the collection and payment.
  15. Taxes in China are actually much lower than in the United States.
  16. Taxes in the USA is more expensive than China’s taxes 
  17. "THE INDIVIDUAL INCOME TAX RATE IN CHINA IS HIGHER THAN THE FEDERAL TAX RATES IN THE U.S IN MOST OF THE TAX BRACKETS. THE TAXABLE INCOME IN CHINA IS LOWER THAN THE FEDERAL TAXABLE INCOME IN THE U.S. FOR AN INDIVIDUAL WHO EARNS A SALARY."
  18. The kinds of taxes in the usa are more than these in china.
  19. The rich pay more taxes. Taxes vary from state to state in the United States
  20. "the tax rate in America is different between areas. but the rate in China is same in most areas"
  21. The tax system of China and the United States is different in political and economic system. The United States and China are both double taxation models, but the United States takes income tax as the main body, while China takes turnover tax as the main body.
  22. The tax systems of China and America are not comparable due to their different political and economic systems. The tax systems are determined by politics.
  23. The taxes in the USA is to differentiate enterprise‘s property while in China it is used as passport self-obstinate supports. 
  24. The taxes in US  rely on law. The taxes in china rely on morals.
  25. the United States has an income tax system (direct tax) as the main body, while China has a turnover tax system (indirect tax) as the main body.
  26. The United States has the income tax as the main body, while China has the turnover tax as the main body.
  27. The United States is based on income tax, China is mainly based on turnover tax.
  28. The United States is dominated by income tax,China takes turnover tax as the main body
  29. The United States is income tax, China is turnover tax, generally speaking, the United States collects more, but China is not still a few
  30. The United States mainly adopts a lower income tax rate, and China adopts a reduction or exemption.
  31. "The US taxes based on Citizenship, meaning that all US citizens and green card holders, including US expats living in China, with worldwide income of over $12,000 a year, or just $400 of self-employment income, are required to file a US tax return each year. China on the other hand only requires Chinese residents to file Chinese taxes. An American typically qualifies as a Chinese tax resident if they have a residence in China, or if they’ve maintained a temporary residence in China for a year, or if they’ve been in China for 60 months in the last 120 months."
  32. "The US:Income tax(direct); mainly adopts the reduction of income tax rate. China:Turnover tax (indirect);mostly adopts the reduction and exemption to adjust."
  33. They are having a dual tax system. Income tax is the main tax in the United States. On the other hand, China mostly uses exemptions to adjust.
  34. They're all double taxation.The United States takes income tax as the main body, while China takes turnover tax as the main body.
  35. United States: consolidated income tax; China: classified income tax.
  36. US has many ridiculous taxs like transsexual operation tax but China doesn't have
  37. US:income tax. China:turnover tax. US‘tax is depend on its law,the same situation as China"
  38. USA has more types of taxes than China.