The Research On The Effect Of Financial Performance Of Tax Preference Policies

Under the circs of Tax Preference Policies and development of the northeast industry firms, State Administration of Taxation carried out some Tax Preference Policies. Whether this policy has a positive effect on the firms or not is worth studying carefully.The article can be cut into five parts: The research intention and according can be expressed in the first part. And I advance research route of the article through the research on the subject of financial performance and tax preference policies; the knowledge of financial performance and tax preference policies also be introduced in the second part; the analysis of Tax preference policies of our country now can be found in the third part; the fourth part is most important as the demonstration part, I choose 69 listed firms as the sample firms. Under the item of Value-added Tax Preference, I choose add assets * tax rate / total assets as Value-added Tax, and choose the net assets divided by after tax profit as financial performance, also choose some control complication to set up a model, in order to realize the connection between the Value-added Tax Preference and financial performance of listed firms. We can realize that the Value-added Tax Preference is highly corporate with financial performance of listed firms. The connection between them is positive. It means that the financial performance of listed firms is better after the listed firms are enjoyed the item. under the item of income tax of assets, I choose 81 listed firms as the sample firms to realize the impact of the item, I compared the net assets divided by after tax profit between those are enjoyed the item and those are not and so on. We can find that the item has a positive effect on performance of listed firms and accelerate the profit of that listed companies in short section and the firms don't have apparent increasing performance.We can find that the empirical result shows this policy has a positive effect on performance of listed firms but the policy is not perfect, the government has to improve it.