Study On Finance Lease Tax And Risk Issues

Financial leasing is a new financial industry which have developed since thereform and opening up.Compared with the direct purchase, finance lease is moreconducive to stimulating domestic demand, promote technological progress, optimizeresource allocation, and enhance economic vitality. The tax factors to influence thedevelopment of financial leasing industry should not be underestimated. In this paper,the study start from the basic concepts of finance leases and development in ourcountry,then analyze issues after tax reform in the industry,such as leaseback indouble taxation, deductible chain interruption, no significant decline in the tax burden,preferential benefit can not be implemented and other difficult issues.Then madesuggestions such as,completing leaseback business deduction chain, moderate orlower tax rate, establish and improve relevant proposed legislation system, fiscalpolicy, professional training mechanism.This paper also discusses risk managementand control issues on financial leasing industry, including external regulatorysupervision loopholes, as well as internal risk control issues.