Research On The Influence To The Equity Capital Cost Of The Listed Banks From The Income Tax

Economy is developing very rapid in these days, the financial industry to become the foundation of economic development, and this special group, listed Banks, are plays an important role. Listed Banks in China with a total of 19, other banks like post office, city business and agribusiness Banks are also on the preparation. Listed Banks in the economic development with considerable responsibility, residents of its subsistence, corporate lending, financial and trade has an irreplaceable position, such as the characteristics of its reserves, its healthy and stable development is not only confined to the inside of the corporation and shareholders demand, there are a lot of these listed Banks have the background of the state-owned Banks, they also shoulder the heavy burden of stability of the market economy. In such a background, the listed Banks are faced with the problem of insufficient capital adequacy ratio more or less. Listed on the capital market competitiveness affects the bank’s capital adequacy ratio, affect their financing decisions and financial structure, also affect its business, in today’s capital market gradually perfect and development, listed Banks to raise capital, to raise equity become an important means, and the cost of equity capital has become the important factors that affect whether or not they are able to absorb the capital. In the country to promote the listed bank, hope stability listed Banks development today, the tax policy to the influence of the listed bank equity capital cost is necessary. On the basis of absorbing predecessors’ experience, have the destination to explore China’s income tax policy on equity capital cost of listed Banks will impact, if has the influence, and get to know how it is happen.Through analysis and research, on the basis of combining foreign experience, we can find the answer and puts forward some Suggestions.In order to study the effect of income tax to the listed bank equity capital cost, it is combing the current situation of our country income tax system and the level of listed Banks income tax, and make comparison with existing experience abroad, in the end, give some advices of our country’s income tax system reform and the promote the listed Banks.