The Study Of Taxation In Charitable Trust

In the modern financial development, the trust which has irreplaceable function is paid equal attention as banking, insurance, and securities. And for public welfare undertakings'development, charitable trust again has great advantages and potential. Along with our country's market economy system and the perfecting of the trust law, the charitable trust has its place in our country public welfare undertakings fields. Its business also constantly expanding expands, playing a very significant role on our country's public welfare undertakings development. But, we have no perfect trust taxation system; even have no charitable trust taxation system in our country. So the current tax law system and the public welfare undertakings beneficiaries in disaster-stricken areas are being used. In fact, not only fully exerting tax system of charitable trust incentive effect, but hindered the development of t charitable rust because of the lack of tax system supporting in our country. The most important thing we should do is perfecting the original radical tax system of basic theoretical foundations. This paper just made the basic meaning of charitable trust and legitimacy of taxation as a foothold, which dug out many problems of charitable trust in the existence. The main flow of the taxation of charitable trust is not clear. Incentives are not unified either, resulting in the confusion of the application of tax provisions. Finally, the paper explored the charitable trust taxation system that is suitable for China's national conditions from aspects of the taxation basis and tax enforcement process.