Research On The Incentive Effect Of Corporate Charitable Giving Income Tax Preference Policy

Based on the fact that the income gap in China is too wide at this stage,the state has been increasing its efforts to promote the third distribution in order to achieve fair development and progress in society.The most important form of the third distribution is charitable donations.From the source of donations,enterprises have always occupied an important position in the field of donations,coupled with the fact that taxation can effectively regulate the economy,it is therefore of great significance to study the taxation preferential policies for corporate donations in China for the development of public welfare and charitable undertakings in China.Charitable donation is a voluntary act,the state encourages enterprises to actively participate in charitable activities when they have the will and ability,China needs to combine the actual situation to develop a reasonable and effective corporate tax preferential policies to fundamentally mobilize the enthusiasm of the main body of corporate donations.In order to explore the incentive effect of income tax preferential policies on corporate charitable donations,this paper firstly introduces the relevant concepts of charitable donations,the third distribution and tax incentive effect,takes tax incentive theory,external theory and social responsibility theory as the research basis,and adopts the research methods of literature research method,empirical analysis method and comparative analysis method to conduct theoretical and empirical analysis,firstly,the current situation of incentive of corporate income tax preferential policy on charitable giving in China,and take the A-share listed companies from 2015-2019 as samples,select the donation level,income tax preferential policy,equity nature,enterprise size,asset profit rate,asset liability ratio and industry nature as variables,analyze the incentive effect of income tax preferential policy on China’s enterprises through the method of double difference empirical research The study concludes that corporate income tax incentives do have an incentive effect on corporate charitable giving,and the incentive effect is stronger for state-owned enterprises.The tax incentive policies of the United States,the United Kingdom and Germany are then used as empirical references.By summarizing the full text,conclusions and suggestions are made for optimizing and improving the income tax preferential policies that promote the healthy development of charitable causes in China with relevance,reasonableness and guidelines.