Research On Corporate Income Tax Incentive Policies To Promote Corporate Charitable Donations In Chinese Enterprise

The fifth Plenary Session of the 19 th CPC Central Committee proposed to give full play to the third distribution function and give priority to the development of charity,so as to change the distribution pattern of social income and property and achieve common prosperity.This shows that charity will play an important role in the new journey of building a modern socialist country.It can be seen from various data that enterprises have always played an important role in charitable donation,and China began to use corporate income tax policy to encourage corporate charitable donation behavior for a long time.Based on this,this thesis will combine theory with empirical research method to provide corporate income tax incentive policy suggestions for encouraging enterprises to participate in philanthropy.The thesis is divided into five parts.The basic theory of the thesis is mainly based on basic theories such as the third distribution theory,common prosperity theory,and tax leverage theory,etc.,focusing on the feasibility and necessity of motivating corporate charity donations.In the empirical part of the thesis,a-share listed companies that have made charitable donations from 2015 to 2020 are selected as the research objects,and the conclusions are drawn:(1)Charitable donation price has a significant positive correlation with charitable donation expenditure,and the elasticity of charitable donation price is between(0.062,0.071).(2)Compared with state-owned enterprises and non-high-tech enterprises,the price of charitable donations has a stronger incentive effect on private enterprises and high-tech enterprises.This thesis suggests that the income tax incentive system should be improved from the following aspects: clarifying the principle of income tax incentive for charitable donation,optimizing the proportion of tax deduction for charitable donation,perfecting the evaluation system of non-monetary donation,and further optimizing relevant supporting measures.