Research On Tax Policy Issues In Financial Leasing Industry

With the acceleration of the global economic integration process and the upgrading of derivative financial products,the financial leasing industry has developed rapidly in recent years,not only satisfying the financing needs of some small and medium-sized enterprises to purchase large assets,but also for many potential social investors.Providing good investment opportunities and channels,it is highly valued by governments.In the "four pillars" theory of financial leasing business,taxation is one of the most important pillars affecting the development of the financial leasing industry.It is self-evident to optimize the industry’s development of the business environment.However,at present,China’s tax incentives for the financial leasing industry are scattered throughout the tax law system,lacking complete systemicity,compared with traditional financial services(such as banking,insurance,securities and other industries).The strength and scope of national economic support enjoyed by the industry is also more limited.Based on the research results and related theories at home and abroad,this paper mainly uses the literature analysis method and comparative analysis method to sort out the taxation policies of the financial leasing industry development.The taxation policy of the financial leasing industry in Tianjin Free Trade Zone is taken as the case analysis object.Firstly,it introduces the current development status of the global financial leasing industry,and comprehensively reviews the development history of China’s financial leasing industry;Secondly,comparative analysis of the current domestic taxation policies of the four major free trade zones in the financial leasing industry,commenting on the effect,focusing on the analysis of some institutional constraints on the taxation policy of the financial leasing industry in Tianjin Free Trade Zone,such as:Institutional design of core tax types such as value-added tax and income tax;Thirdly,it draws on the relevant experience of financial leasing developed countries’tax policies.Finally,it focuses on the specific countermeasures for Tianjin to support the development of financial leasing industry in the free trade zone,which needs to appropriately reduce the VAT rate and increase tax incentives,and proposes to optimize the financing leasing industry.The taxation problems faced by the business environment should further expand the scope of tax incentives,increase the support of the government,and accelerate the specific recommendations for supporting policies such as talent introduction.