Research On Fiscal And Taxation Policies For The Promotion Of Philanthropy

Charity culture has a long history and is one of China’s fine traditions,which reflects the important spirit and value of modern society.Philanthropy is an important part of the social security system.It is a social cause that is based on social donation and is committed to helping the poor and the public.With the gradual progress of China’s philanthropy rule of law and the increasingly perfect policy environment,it has provided important institutional guarantees for the development of philanthropy in China,but taking into account the improvement of China’s current level of economic development and the growing income gap,the transformation of major social contradictions,etc.It is of great practical significance to ask for further promotion of the development of charity in China.Therefore,based on the background of China’s national conditions,this article discusses how to support the development of charity in China from the perspective of fiscal and tax policies.This article first clarifies the concept of philanthropy and discusses the theoretical basis for the government to support the development of philanthropy.It is found that the relationship between the government and charitable organizations in promoting the development of philanthropy greatly affects the strength and methods of government support for philanthropic organizations.Supporting charitable organizations can increase the efficiency of society as a whole.Secondly,this article reviews the development of philanthropy in China and sorts out the policies and shortcomings that support the development of philanthropy.It can be seen that the increase in the development rate of China ’s philanthropy is consistent with the improvement of China ’s economic level and the improvement of the domestic policy environment,but currently China ’s fiscal and tax policies still partially hinder the development of philanthropy,so it needs to diversify from policy means.Improvements in external environment such as standardization,standardization and supervision.Third,this article also quantitatively analyzes the effect of China ’s fiscal and taxation policies supporting the development of charity.The incentive effect of fiscal expenditure policies and tax incentives on philanthropy was verified.The analysis of the financial statements of 40 listed companies in Guangdong Province from 2017 to 2018 showed that the nature of enterprises and tax incentives had a significant impact on social donations.Other variables had an impact on charity.The impact of donations is not significant.Due to the asymmetry in obtaining financial information of charitable organizations in China,the impact of tax incentives on charity will be reflected in an indirect way.Then,this article introduces the experience of relevant countries in using fiscal and taxation policies to support the development of philanthropy.Introduce the fiscal expenditures and taxation policies of the United States,Germany,and Japan in support of charitable causes.The enlightenment is that it is necessary to increase investment in charitable causes,focus on cooperation between the government and charitable organizations,and optimize the tax exemption qualification system of charitable organizations.Appropriately increase the deferred life of personal income tax charitable donations.Finally,put forward policy suggestions: First,optimize the government’s fiscal expenditure to support the development of charity;instead,increase the special fiscal expenditure for publicity and education of charity;third,improve the tax preferential policies to support the development of charity;The role positioning in career development;the fifth is to establish and improve the supervision mechanism of charity.