Research On How The Tax Incentive On Charitable Donations Affect The Behaviours Of Public Companies

As an important means of the third distribution of social wealth,charitable giving plays an important role in narrowing the gap between the rich and the poor and maintaining social stability.Out of the humanitarian support and encouragement,the state in the tax policy according to the main donors different were set up different individuals and businesses of preferential measures.At the same time,also hope related system implementation can encourage more members of society to actively participate in charitable donations.In terms of corporate charitable donations,12% of the income tax relief is the state of the company to give incentives to give the main body.In addition,no matter from the theoretical research and social practice,there is evidence that the tax incentive system of charitable donation can produce some incentive effect on the donation behavior of the subject.However,in 2008,Vanke donation door event in 2008 Wenchuan earthquake occurred on the same day,Vanke Group announced a donation of 2 million yuan for the earthquake relief.However,Vanke made this decision at the same time,it also raised the question of the amount of users to its low contribution.The main question view,Vanke sales in 2007 ranked the first mainland real estate enterprises,more than 523 billion yuan,net profit of more than48 million yuan,the donation of money less than its net profit extremely,Vanke did not assume ability and the corresponding social responsibility.The board of directors chairman Wang Shi should be questioned published an article that 200 million is an appropriate amount,the disaster relief charity activities should not become the enterprise burden.This reply not only did not make the relevant issues to be resolved,but the loss of the brand value of Vanke group.Finally,the event to the Vanke Group's shareholders' meeting to make a charitable donation of 100 million yuan in the decision to end.Occurred,so that people can not help but ask: since the set of enterprises and give tax relief system of the corporate donation has a positive impact,then why Vanke Company but pointed out that the donation will become the enterprise burden? In addition to Vanke,whether there are other enterprises in the implementation of the tax incentive system is still a negative donation behavior? Therefore,the research question is since the charitable donation tax incentive system to encourage philanthropy,then in the end in much of corporate donation behavior produced a positive role in promoting? This article through the study of different sectors of China's listing Corporation charitable donation data,found the existing incentive system in the listing Corporation of charitable donation behavior such as the existence of a single tax,preferential tax relates to the lack of real donations and services donated equal tax incentives and listing Corporation public stock donation system problems such as lack of incentive,then,for the preferential tax,enjoy preferential tax donation and public stock donationsetting idea of incentive system for China's listing Corporation charitable donations tax incentive system suggestions,with a view of China's current corporate philanthropy preferential tax system to better play its inspiring effect.The main research contents of this paper except the introduction and the conclusion,the basic content of the statements,including six parts:the first part is the theory basis of our country listed company charity donation,to understand why listed companies to participate in charitable donations.In the second part,through the definition of the concept of charitable giving and tax incentives and the relationship between the two,the conclusion is drawn that the tax incentive system has an effect on the behavior of charitable donation.The third part is about the tax incentive system of charitable donation in our country,in order to understand the current situation of China's tax incentive system.The fourth part in different industries of China's listed companies to participate in charitable donations from the data and the combined impact of Listed Companies in charitable donations of internal and external factors that effect of specific analysis of the tax incentive system of the charitable donation.The fifth part through a combination of the above tax incentive system and status of our country's charitable donation put forward to promote listed company charitable giving suggestions and the further improvement of the existing measures and to the new problem solutions,to make ourfuture Corporate Philanthropy especially listed company charity donation to achieve better development.