Research On Tax Incentives Of Private Equity Investment Funds In My Country

As an important supplementary mechanism for building multi-level capital markets in China,private equity investment funds can gather huge amounts of social capital in a short period of time,which can promote the marketization of equity in innovative and entrepreneurial enterprises,and lead private capital to invest in national strategic emerging industries and key regional sectors.In the development process of private equity investment funds,in order to promote a healthy and rapid development of a good social and economic environment,the Chinese government has formulated and issued relevant laws and regulations to regulate the development of private equity investment funds.As one of the important economic instruments of macroeconomic regulation and control,taxation policy has a very important impact on the behavioral decisions of private equity funds,investors and invested companies.Appropriate tax incentives can positively exert its incentive effect,making the private equity investment supply and demand double growth and revitalizing the real economy.However,because the private equity investment fund has a short duration in China,the laws and regulations on financial supervision and tax incentives lag behind.In the development of private equity investment funds,there are still different forms of tax differences,loss sharing and short-term compensation time limits.The problem has caused its development speed to still not meet the needs of domestic entities.Therefore,studying the issues of private equity investment funds and tax incentives for private equity funds will undoubtedly have important strategic significance for the further improvement of the capital market,the transformation and upgrading of China's industrial structure,and the supply-side structural reform.Based on the tax policy related to private equity investment funds,this paper studies the tax burden of private equity investment funds in different organizational forms,and deduces the path of influence of tax policy on the supply and demand sides of private equity funds,capital costs and investment.Finally,in combination with the actual development of the domestic private equity investment fund,we will improve the corresponding tax preferential policies according to local conditions,pay attention to the tax burden gap of private investment in different organizations,and adopt a diversified tax incentive to establish long-term equity.The tax incentive system for investment,etc.,provides a good tax policy guarantee for the development of private equity investment in China.