On starting to Collect Inheritance Tax in China

With the quick development of our national economy and continuous increase of social wealth, a social class of high income has already formed, which creates necessary conditions for collecting inheritance taxes. But there are some problems in social circumstantial law policy and auxiliary facilities which need dealing with urgently. In accordance with international practice and our practical situation, we should choose a suitable tax-collecting mode, set proper tax rate, fix deduction items and begin to collect inheritance tax.