The Research On The Influence Of Taxation Policy On The Aircraft Leasing

Chinese aircraft leas ing market was controll ed by foreign aircraft leasing in the past. With the establishment of free trad e zone, free trade zone and the ris ing of domestic leasing companies, market share of domestic leasing companies is increasing. The policy of structural tax cuts during The Twelfth Five-Year Guideline will have a signif icant influence in various industries. In such an environment, especially when aircraft leasing has included in the scope of VAT, it's important to study the influence of taxation policy on aircraft leasing industry.Firstly, the developed countries' aircraft leasing taxation policies were introduced, Chinese taxation Policy for aircraft leasing were summ arized and co mments on China's taxation policy through com parative analysis were proposed. Then the influence of taxation policy on aircraft lessors and lessees were researched respectively on the basis of summarizing aircraft leasing' taxation policy. Based on the results, the recommendations to lessors and lessees w ere proposed, and policy recommendations for government were proposed.The qualitative and quantitative research methods were us ed to r esearch the inf luence that caused from VAT and corporate income tax and import tax on aircraft lessors and lessees. The main conclusions from the perspective of the aircraft lessors are as follows. VAT reform will increase the lesso rs' tax burden but can still promote the deve lopment of the air craft leasing industry; different bad loans policy w ill make non-bank aircraft leasing companies face a greater risk; regional preferential taxation policies will affect aircraft leasing company site. The main conclus ions from the perspective of the aircraft lessees are as f ollows. VAT reform will decrease the lessees' tax burden; due to the existence of withholding tax, the cost that lessees leased aircraft from domestic leasing companies is lower; und er the current taxation policy, to choose the aircraft through operating lease is superior to choose the aircraft through finance lease. Finally, policy recommendations are as follows. To balance the aircraft lessors tax burden the drawback policy of va lue-added tax should be applied; financial industry should be included to the scope of value-added tax soon. I hope the dissertation can provide a reference for relevant personnel.