The Research On PPP Tax Policy Based On The Whole Life Cycle

The Nineteenth National Congress report pointed out that China's economy is shifting from a high-speed growth stage to a high-quality development stage.The "new normal"with structural,innovation-driven features is the current mainstream of the economy.The PPP-model of innovative public infrastructure and public service supply is exactly in line with the new policy of supply-side reform advocated in the "new normal'context.The PPP-model is not only conducive to sharing government financing risks,mitigating financial pressures,and revitalizing stock resources.At the same time,the PPP model has greater significance in introducing management experience and efficiency for the public service sector,promoting the transformation of govemrnment functions,and improving the government work system.In recent years,although governments at all levels from the central government to local governments have successively introduced a series of tax support measures to guide social capital into the public infrastructure and public services,there are still many tax-related doubts and policies that are "acceptable" in terms of China's PPP development practice.The phenomenon has seriously affected the enthusiasm of social capital in investing in PPP.Based on this,this paper takes PPP-model as the starting point and PPP-related taxation system as the background,tries to analyze from the perspective of the combination of policy and practice,studies the PPP-related tax policy from the perspective of the whole life cycle,and strives to promote the standardized development of the PPP model and provide practical advice.First.this paper briefly describes the development background and related definitions of PPP-mode in light of the current PPP-development practice;subsequently,from the perspective of policy combing and practice case analysis,we will sort out the main taxes and current applicable taxes involved in all aspects of PPP from the perspective of the project life cycle.Support policies and the introduction of practical cases to analyze the inadequacies of PPP-related tax policies.At the same time,this paper also combines the experience of foreign countries' PPP-tax support policies to extract policies suitable for"Western learning and use of the East";We must appropriately increase tax support.expand the coverage of relevant tax support policies,clarify some of the missing tax policies and other measures,and,in addition.take into account the need for the standardized development of China's current PPP-model,this paper also calls for relevant departments to study and formulate and regularly enact relevant PPP-tax policy operating guidelines to eliminate social capital's tax-related doubts on PPP-projects,so that it can better enjoy the benefits of tax support,so as to give full play to the regulatory role of taxation policies to promote the further promotion and implementation of China's PPP-model.