Game Analysis Of Tax Incentives For PPP Projects Under Multiple Supervision

In order to accelerate the transformation of government functions,play a decisive role in market allocation of resources,and prevent and control government debt risks.The Ministry of Finance proposed to promote the use of government and social capital cooperation model(PPP)in the central and local budgets in 2014.Since then,it has opened the way for China to actively explore how to develop into a PPP model suitable for China's economic development.In recent years,the PPP model has emerged as a new type of governance structure that has been entrusted with many beautiful visions by decision makers,or as a new type of financing method in the minds of some local governments.This is a fact that is obvious to all.The PPP project undoubtedly has broad prospects for development,and its incentive and constraint mechanism has always been the current research hotspot.This article first discusses the related concepts of the PPP model by consulting literature,and summarizes the relevant policies that are difficult to match in the development process of China's tax policy and PPP model.Under the condition of bounded rationality,by constructing a game model between government and social private capital,various factors of strategic choice and influence strategy choice between government and private capital in PPP projects are analyzed.This will further explore specific factors that motivate and constrain the development of PPP.The results of the study show that tax incentives have a significant effect in guiding the compliance management of enterprises.With the increase of preferential tax policies,the rate of evolution of enterprises towards compliance operations has been significantly accelerated,and government supervision will cause tax incentives.The government's penalties are positively related to the private sector's compliance management,but the intensity should not be too great.The public supervision has a positive impact on the private sector's compliance management.At the same time,the government's efforts to increase penalties are conducive to the transformation of private businesses from illegal operations to compliance operations.However,the former needs strong supervision,and the latter can be moderate,and too large will not be conducive to the scale effect.Finally,this article puts forward suggestions for tax policy and supervision of PPP projects,including the establishment of comprehensive taxation system to ensure the implementation of related preferential tax policies,so as to provide conditions and basis for the sound development of the PPP model;to build supervision of the PPP model,including we will improve the government supervision system and establish a public supervision information platform to ensure the implementation of the PPP projects can be more successful.