Members of the Standing Committee of the National People's Congress (NPC) and some NPC deputies on Sunday called for tightening tax levy on the country's high-income residents.

Lawmakers voiced the view as they were discussing a draft amendment of the personal income tax law, which was submitted to the ongoing 18th session of the NPC Standing Committee, China's top legislature.

Leng Rong, a senior legislator, said that personal income tax law, which was adopted 11 years ago, is not as effective on China's new economic entities as on civil servants. The amended tax law that might be passed in this session will serve as an opportunity to raise public awareness of taxation.

Wang Xuewen appealed to tackling the taxation loophole caused by prevalent cash deals, which will help raise the tax levied on the country's high-income stratum.

To tighten tax levy on the rich requires a comprehensive reporting system that surveils every tax-payers, said Feng Yi, a deputy of the NPC.

He said that currently there is no effective way to deal with the problem of "grey income", especially among private entrepreneurs and doctors.

According to Chen Nanxian, a senior legislator, Swedish people having 7,400 to 9,800 US dollars need to pay tax exceeding 50 percent of their income. However, Swedish residents can get tax refunds after they retire or lose jobs.

Source: Xinhua