Study On The Cost Of Tax Privilege Policies Of Enterprise Annuity In Shanghai

Enterprise annuity is established by the enterprise in accordance with their owneconomics situation under the guidance of relevant state laws and regulations. Countriesusually use tax exemptions, tax cuts and tax-deferred and so such as tax instruments toprovide certain tax incentives for businesses and individuals to encourage theestablishment and development of the enterprise annuity.It should be noted that the intention of the government enterprise annuity preferentialtax polices is to continue encouraging and promoting enterprises to gradually establish andimprove the enterprise annuity system through policy support according to theredevelopment. However, we should not only pay attention to the social and economicsignificance, but also see the cost of the cost of the policy as to this system. In particular,we should consider that the implementation of the enterprise annuity preferential taxpolices, which reduces state tax, plays the same role in a simultaneous development of theenterprise annuity? That is, as for a certain area, which of the cost price paid by theenterprise annuity preferential tax policies is both in line with the policy of thearrangement but is unnecessary? As well as whether the rate of the tax preferential policiesof enterprise annuity are reasonable or there is a corresponding adjustment or not in thedevelopment tendency of enterprise annuity20%wage rate of substitution? At the sametime, there are some related factors influencing on the cost of tax privilege policies ofenterprise annuity.This article selects the Shanghai enterprise annuity tax preferential policies as theobject of study. The development of enterprise annuity in Shanghai has a certain typicalsense as for China in policy formulation, in implementation, or in terms of concretioncarry-out. The point and the innovation of this article are the analysis of the necessity andfeasibility of the implementation of preferential tax polices in Shanghai and themeasurement of the cost of tax expenditures of Shanghai enterprises preferential taxpolices, combining with all relevant factors, applying the combination of theoretical andempirical research, macro analysis and micro analysis, and based on the5%preferentialpolicies of enterprise income from enterprise annuity tax preferential policies of Shanghai.At the same time, the article also analyses the impact of the aging population, Shanghaiflexible retirement system, different tax incentives mode, corporate pension replacementrate, and the favorable trends of the enterprise annuity personal income tax to taxexpenditures. On this basis, the article puts forward some corresponding countermeasuresand improvement suggestions for the further development of Shanghai enterprise annuity.