Research On The Effect Of Corporate Charitable Donation Tax Preference

In 2020,my country will soon be fully built into a moderately prosperous society.Today,with its material and spiritual life becoming increasingly abundant,there are still some areas that are lagging behind in development and the people's living standards are low,leading to the widening gap between the rich and the poor.Since2000,China's Gini coefficient has never been lower than the warning line of 0.4.Excessive economic development has caused China to face the growing gap between the rich and the poor.Charitable donations are a powerful means to solve this problem.During the process,enterprises have always been the main body of social charitable donations.The government has continuously stimulated the donation enthusiasm of enterprises by formulating preferential tax policies,thereby promoting the steady development of China's charity,especially during the current era of new coronaviruses.The prevention and control of the epidemic has played a crucial role,but the current enthusiasm of enterprises for donation is still not high,and there is still a problem of insufficient incentives for preferential policies.Therefore,this paper uses the data of 606 A-share listed companies from 2013 to 2018 as a research sample to study the problems of preferential policies and the influencing factors of corporate donation behaviors.On this basis,relevant policy recommendations are proposed to promote the development of corporate charitable donations..This article is divided into five parts.The first part is the introduction,which mainly elaborates the research background and significance of the paper,and summarizes and summarizes the related research status.The second part is the theoretical basis.Firstly,the relevant connotations of charitable donations and tax preferences are elaborated and defined,the scope of this article is clarified,and then the tax lever theory,externality theory and cost-benefit theory are used to analyze the tax preferential policies for charitable donations.The effect of the effect,and finally through the profit maximization model and the utility maximization model to analyze the impact of corporate income tax rate on corporate charitable donation behavior,through the profit maximization model analysis found that the short-term tax rate has no effect on corporate charitable donation behavior,long-term internal tax rate changes Will have an impact on donation behavior,this impact is mainly reflected in the timing.Through the analysis of the utility maximization model,it is found that the tax rate changes in the same direction as the corporate charitable donation expenditure,and the tax rate has a lasting effect on the corporate charitable donation expenditure.The third part is the analysis of incentive effects and problems of tax incentives for corporate charitable donations.First,the status of incentives for corporate charitable donations by tax incentives is analyzed by industry,subregion,and nature of different equity.It is found that although China's tax incentives for corporate charitable donations The intensity continues to expand,but there is still a problem of insufficient incentives.Finally,through analysis and summary,the problems of the tax preferential system are found.The fourth part is the empirical analysis.The research object selected in this paper is 606 companies listed on the A-share market.The research period is from 2013 to 2018.The six-year data is used as a research sample for empirical analysis.The relationship between variables such as net profit,net profit margin of total assets,asset-liability ratio,property right nature,industry nature,and regional factors found that in addition to the insignificant results of regional factors,other variables can affect corporate charitable donations.The fifth part is policy recommendations,starting from the three levels of policy system level,management system level and improvement of supporting measures,and put forward related policy recommendations,which should be established by establishing special tax preferential laws and regulations and adjusting the fairness of tax preferential policies.Improve the preferential tax policy system for corporate charitable donations;expand the number of nonprofit organizations eligible for pre-tax deductions,simplify tax preferential application procedures and improve the supervision and management system of charitable organizations to improve the preferential tax management system for corporate charitable donations;improve the evaluation of non-monetary donations The detailed rules and the promotion of preferential tax policies to improve corporate charity donation tax preferential supporting measures,so as to better play the incentive effect of corporate charity donation tax preferential policies.