Research On Tax Preferential Legal System Of Cultural Industry

Cultural industry is known as “the sunrise industry” of the twenty-first century. It not only creates economic benefits and provides jobs, but also helps to promote the adjustment of industrial structure, changes the mode of economic development and improves the national soft strength. In recent years, the cultural industry’s status in our country’s economic development advances constantly. The “Twelfth-Five-Year Plan” sets a goal of making cultural industry a pillar industry of the national economy. At the same time, the country has also taken a series of measures to support the development of cultural industry. As one of the national macro-control means, tax regulation plays an extremely important role in accelerating cultural system reform and promoting the development of cultural industry.In the last few years, China has issued a series of tax preference documents to support the development of cultural industry. These preferential measures involve many taxes, and it obviously supports value-added tax, business tax and enterprise income tax. In addition, the policy of transforming Business tax into value-added tax has made important influence on the development of cultural industry. In November 16, 2011, the experimental unit carried out in Shanghai about “to replace business tax with value-added tax(VAT)” put parts of cultural service industries into the scope of the unit, and since August 1, 2013, the VAT unit has been executed nationwide. These series of tax incentive measures reduce the tax burden of cultural enterprises and also play a certain effect to the development of cultural industry. However, the defect of taxation project of the existing tax preferential system restricts the development of cultural industry to some extent. In view of this, it is essentially necessary to comb our country’s preferential tax system of cultural industry, learn from foreign legislative practice of cultural industry tax preference system and discuss how to perfect the legal system of cultural industry tax preference.This paper is divided into four parts altogether besides the introduction and conclusion:The first part elaborates the basic theory of cultural industry preferential tax. It firstly defines the concept of the cultural industry, then it analyzes the theoretical basis of giving preference to cultural industry tax and demonstrates the value of that, and finally it analyses the principles that should be followed by cultural industry tax preferential system.The second part discusses the present situation and the existing issues of China’s cultural industry preferential tax policy. First of all, it combs from four aspects of value added tax, business tax, enterprise income tax, individual income tax according to the specific content of China’s cultural industry preferential tax policy. On the basis of which, it analyzes the existing issues of cultural industry preferential tax policy of our country.The third part illustrates the practical investigation and experience of cultural industry tax legal system abroad. It investigates the present condition of cultural industry preferential tax system in Britain, France and the USA, then it sums up the experience from which we can draw lessons.The fourth part expounds the perfection of the law system of our country’s cultural industry tax. Aiming at the existing restriction issues of the current cultural industry preferential tax policy, this part puts forward to improvement suggestions for tax preferential legal system of China’s cultural industry by learning from foreign legislative practice.