Research On The Tax Supporting Policies On Corporate Philanthropy Donation

To be benevolent was always the excellent virtues in Chinese traditional culture. however. the genuine philanthropy in China is still at the beginning of the development. The policies about the charity in China is not perfect at all, we have to learn from the countries like Europe and America whose charity is now advanced enough. In china, the main charitable donors are corporations, which is different from the Europe and America. So when we refer to the successful experience of other countries and regions, we should take national conditions of China into consideration at the same time.This thesis mainly studies the tax policies about corporate philanthropy donation. First of all, the thesis analyzes the development status of Chinese charity, finding that the way the charitable donors can use to donate is too limited and the charitable giving is donated to limited areas. Secondly, the thesis utilizes multi-case study methodology and contrastive analysis in order to verify the phenomenon above and explore the reasons why these phenomena emerge. The shortcomings include: lacking specialized and straightforward tax laws for corporate charitable donations, the insufficient incentive policy about pre-tax deduction, much too strict rules about philanthropic donation methods, narrow coverage of tax supporting policies, insufficient regulation of the nonprofit organizations (NGO), etc. At last, after referring to the successful experiences of advanced countries and regions and considering the present situation of China, this thesis proposes to take the following improvement measures:establishing systematic charitable giving policies with respect to tax legal system, permitting different ways of donation to be deducted before tax and establishing scientific donation valuation system as well, expanding the coverage of tax supporting rules, changing the pre-tax deduction methods, making the regulation of NGO standardized and open to the public. We hope that the suggestions above can contribute to the development of the philanthropy.