The study on Halved Imputation Tax Credit of Integrated Income Tax System

• Main Authors: LO-HO-YAO, 羅河堯
• Other Authors: Chih-pei HU
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/11135023708569750216

碩士 === 中華大學 === 行政管理學系 === 104 === Since 1998,after implementing integrated income tax systems, although it eliminates the issue of double imposed dividend income, however, it also initiates some controversy; such as a huge disparity between rich and poor, the income distribution becomes worser, it is contrary tax fairness. In addition, it also caused a shortage of tax revenue, and due to the fiscal deficit and the issue of amount of outstanding debt keeps rising, it needs adequate financial resources to promoted major policies , therefore, the whole finical plan has been brought up on February 24,2014, implement on January 1.2015,hope it can improve the domestic financial and wealth distribution. However, under integrated income tax system, it still uses tax deduction, it only can deduct half, but it seems cannot eliminate all negative effects that mentioned in the preceding paragraph. Moreover it may result in family business choose not to allocate surplus due to the major shareholders are increased dividend tax, they prefer to pay 10% of the undistributed earning plus tax. The different between those is huge, it must enhance the motivation of changing shareholder structure. Moreover, the new policy make individual shareholders increase their tax but not for foreign shareholders, then the difference between them may also prompt the major shareholders turn into false foreign investment by foreign identity.Ministry of Finance had expected revenue to increase 50 billion every a year,in such cases, to achieve these goals will be greatly reduced. This research will use depth interview by literature discussion in or order to organize the result of previous studies and understand the experts, scholars’ view whose background are with financial and tax for the integrated income tax system can halve tax policy, analyze this policy target for revenue, economic development, tax fairness, and for the administrative costs, hope it can provide effective suggestion for modifying and implementing current policies.