Research On The Impact Of Tax Burden On Corporate Charitable Donations

In recent years,Chinese economy and society have developed rapidly,and the people's living standards have also been increasing.However,the market-oriented first allocation emphasized efficiency,which makes the income gaps larger and larger.At the same time,the government-oriented second allocation effect is limited,the third allocation is particularly important in narrowing the gap between the rich and the poor and alleviating social conflicts.According to the "China charitable giving report",it is known that corporate giving is the most important part of social donations.The paper aims to clarify the impact of corporate tax burden on corporate charitable expenditures,and how does the corporate tax burdens affect corporate charitable donations under different forms of ownership.The paper selects the relevant data of the listed companies from 2009 to 2019.Through research and analysis,it found that: corporate tax burden and corporate charitable donations are negatively related;non-state-owned enterprises are more negative related with charitable donations compared with state-owned enterprises;the overall tax burden has a greater impact on corporate charitable donation expenditures than the income tax burden.Because of the relationship between the corporate charitable donation and tax burden,according the results of research and analysis,the paper proposes: promoting tax and fee reductio,improving the pre-tax deduction ratio of charitable donations,extending the carry-over period for the pre-tax deduction appropriately,and improving relevant supporting measures for pre-tax deductions.