Legal Analysis On Risk Control Of Local Government Financing Platform

The local government financing platform is an innovation for local government to break system obstacles and solute inadequate fund infrastructure. It provides an important support to promote the development of people’s livelihood, and make positive contribution to the rapid development of local economy. However, due to the fuzzy orientation of local government financing platform, and the special relationship with the local government and banks, there are many problems and risks in the operation. It needs to be improved and solved.This paper summarizes the running characteristics of the local government financing platform, and reveals the fiscal management system defects from the analysis of a pair of basic contradiction breeding local government financing platform. In this premise, it defines the local government financing platform "duality" characteristics reasonably, analyzes the legal relationship among the local government, the city investment State-Owned Companies for the main carrier of local government financing platform, and commercial banks for the main financing source of funds. And then sum up the main risk. Aiming at these defects and problems, it puts forward perfecting tax legal system, improving internal and external governance mechanism of the local government financing platform, promoting the level of supervision of commercial banks and other legal countermeasures, in order to promote the local government financing platform run according to the market demand, and construct effective and health local government financing system.