Research On The Income Tax Policy Of China’s Fund Industry

Since 1990 s,the fund industry has been thrived.In the 21 st Century,the way of raising fund in China was changed,private equity,as a leading form,exceed exceeded public fund.The form of raising fund in China was chanced as well.It divided into contract type,company type and partnership fund,fund products became diversity.As a main kind of tax in the fund industry,the income tax has great influence of the fund managers and fund investors on the fund operation mode and the allocation structure.According to the current tax system and income tax policies,the fund industry needs further improvement,the absence of appropriate policies lead to unfair tax burden for different fund organization.Many regional policies arise gradually in some districts,they brought a series of new questions,such as policy depressions.However,from the current domestic and international discussions on the fund industry,most of the discussion of the tax from the angle of economics is mostly a general introduction,and the attention to the income tax is very few.In order to improve the income tax policy system,promote the healthy development of the fund industry,and use tax regulation efficiently,we need to study the income tax policy of the fund industry in china.Based on the basic situation of Chinese fund and current income tax policies,this paper evaluate the relationship between fund and tax,summarize the income tax policies in fund industry,analyse the tax management system of fund in the United States,the United Kingdom,Luxembourg and other countries and areas,and put forward the general principles and suggestions of income tax policies improvement in fund industry finally.