Research On The Taxation Policy Of Mutual Insurance Organizations In My Country

The origin of the insurance organization as the insurance institution and the oldest form of insurance organization have not been recognized by the regulatory authorities in China for a long time.On January 23,2015,the former China Insurance Regulatory Commission issued the China Insurance Regulatory Commission [2015] No.11 "Trial Measures for Mutual Insurance Organization Supervision",which is the first special normative document on mutual insurance organizations in China.However,the relevant provisions of the Measures are too principled.Most of them are formulated with reference to the existing management methods for commercial insurance companies.They are not completely in line with the organizational nature of mutual insurance organizations,and the actual operability is weak.The establishment and development of mutual insurance organizations still face major obstacles and potential legal risks.It has been difficult for the established mutual insurance organizations to conduct business on a large scale,and it has brought great difficulties to the management of industrial and commercial departments such as industry and commerce.Based on the research of mutual insurance research and insurance taxation issues at home and abroad,combined with the organizational nature,characteristics and development status of domestic and foreign insurance organizations,this paper analyzes the mutual insurance organizations in China under the current tax system through normative research and case studies,and compares China’s tax policy with the tax policies of the developed countries such as France,Japan and the United States,in order to further improve the tax policy ideas that are suitable for the development of mutual insurance organizations in China.Through research and analysis,this paper has the following conclusions:(1)Different taxation policies should be formulated for mutual insurance organizations of different scales;(2)For the characteristics of mutual insurance organization development,flexible tax rules should be adopted;(3)Taxation policies should be able to play their policy guiding role to guide and support the continued healthy development of mutual insurance organizations;(4)China still lacks perfect laws and regulations for mutual insurance,and there is a problem of policy loss in the regulation and guidance of mutual insurance organizations.Based on these four conclusions,this paper puts forward the following suggestions for the tax policy arrangement of China’s mutual insurance organizations:(1)For the general mutual insurance organizations to formulate preferential tax policies superior to commercial insurance at this stage to encourage the establishment and operation of mutual insurance organizations;give industrial and regional mutual insurance organization tax exemption policies,and support financial subsidy policies Its stable development.(2)According to the development characteristics of mutual insurance organizations,adopt tax rules applicable to the taxation of mutual insurance organizations,and formulate tax rules applicable to different mutual insurance business according to business characteristics.(3)Make good use of the policy guiding function of tax policy,guide social capital into mutual insurance organizations,and guide industrial and regional mutual insurance organizations to develop non-profit organizations that provide quasi-public services.(4)Combine China’s national conditions and international experience,improve the insurance and taxation laws and regulations of mutual insurance organizations as soon as possible,and provide a complete legal support and rule of law environment for the healthy development of mutual insurance organizations and the effective management of regulatory authorities.