Study on the comparison of individual income tax system between China and America

摘要

In order to improve China's personal income tax system, the paper analyzed the differences of individual income tax between China and America using comparative analysis method. In terms of taxpayers, deduction standard, tax rates and tax mode, there are differences of individual income tax systems between China and America, which are determined by state's tax structure, economic development, ownership and status of tax category. On the basis of summing up the strengths and experience of American individual income tax, constantly revised and improved China's individual income tax system so as to establish an individual income tax system which is suitable for China's socialist market economic development.