Study On Accounting And Taxation Problems Of PPP Project Of Z City Heating Pipe Network

PPP(Public Private Partnership)literally translated as "public-private partnership" is translated as "cooperation between government and social capital" in China.Its essence is that private capital and government capital cooperate to provide public goods and services for the public,supply-side reform One of the important content.In November 2013,the Third Plenary Session of the 18 th CPC Central Committee proposed "allowing social capital to participate in urban infrastructure investment and operations through franchising,etc." In 2014,the Ministry of Finance issued the "Notice of the Ministry of Finance on Issues Related to Promoting the Cooperation of Government and Social Capital"(Cai Jin [2014] No.76),encouraged social capital to participate in infrastructure and public utilities investment by means of franchising,etc.Operate.At present,a large number of scholars have studied the PPP project and discussed the related issues of the PPP project from many aspects.However,the PPP project is not studied from the angle of the accounting and tax treatment of the project company.Therefore,Z City heating pipe network PPP project as an example,based on the perspective of the project company PPP project accounting and tax issues to be studied.First of all,the paper sorts out the domestic and foreign PPP accounting and tax research literature,and concludes that the project company in the accounting and tax processing of PPP projects the following problems,the nature of the project assets to define the cost of borrowing capitalization,How to determine the amortization period and method of the project assets and whether the government's gap subsidies obtained by the project company are taxed or not,and at present,the tax incentive policies of PPP projects in our country are not enough to make up for the investment costs.Secondly,I sorted out and analyzed the accounting standards for BOT projects in Accounting Standard for Business Interpretation No.2 as well as the preferential policies for PPP projects involved in the current tax policies,which provided the theoretical basis for the following case studies.Thirdly,taking the PPP project of heating pipe network in Z City as an example,this paper analyzes the accounting and tax issues and their solutions of the project company in the four aspects of establishment,construction,operation and transfer of PPP projects.Finally,based on the research on the accounting and taxation issues of PPP project in heating pipe network in Z City,some suggestions are put forward on the accounting and tax issues of PPP projects in our country.