Research On Optimizing Tax Preferential Policies For China’s Pension Service Industry

Since China began to enter the aging society in 2000,with the aging of the population deepening in recent years,the development of related elderly care service industry has received much attention.During the "Twelfth Five-Year Plan" period,China’s elderly care service industry has made great progress.The number of elderly care service practitioners is increasing,and the supporting facilities for elderly care services are constantly improving."Combined" comprehensive pension service system.In today’s "13th Five-Year Plan" period,China’s elderly care service industry continues to develop steadily,and the elderly care system is becoming more and more perfect.However,while making unprecedented progress,a series of long-standing problems in the elderly service industry have become increasingly prominent:Fully mobilize and stimulate market vitality,insufficient development imbalance,insufficient supply of old-age services,and the quality of old-age services need to be strengthened.It can be said that the development of China’s old-age service industry and the construction of the old-age system have entered a key strategic window period.In view of the many problems existing in the old-age service industry,they need to be improved and continue to promote industry development.As an important link that affects the development of the industry,tax policies have issued various preferential policies on the pension service industry and achieved certain results,but there are still many deficiencies that need to be improved.In order to improve the taxation environment of the pension service industry and promote its rapid development,the taxation policy for this industry needs to be further optimized.The elder care service industry discussed in this article is a profit-oriented,interconnected industry that meets the diverse needs of the elderly and provides multilevel services.It expounds the relevant theories of taxation policies to promote the development of the old-age service industry,including public product theory,externality theory,welfare pluralism and the theory of the primary development stage of the industry.Services are also competitive in consumption,so the government and the market should participate in the provision.At the same time,the pension service industry has a positive external effect on society,so it is necessary to encourage more social capital to participate in the pension service industry through the tax incentive mechanism and promote the development of the pension service industry.According to the industry’s primary development theory,and China’s pension service industry is just an emerging industry at the initial stage,it has broad development prospects and rising space,but there are currently problems such as lack of capital investment and insufficient market supply that hinder its development.Therefore,for the healthy and stable development of China’s pension industry,government support and guidance are essential,and the government should further improve taxation policies,together with related legal support,to provide protection for its development.Secondly,it demonstrates the impact of preferential tax policies on corporate performance from a micro level,showing that lowering income tax and turnover tax burden through preferential tax policies can improve corporate performance.Finally,it summarizes China’s existing preferential tax policies for the elderly service industry,and analyzes the shortcomings of China’s preferential tax policies from the system level,the scope of preferential subjects,the preferential methods,and the preferential links.After summarizing our country’s existing tax preferential policies for the elderly service industry,and analyzing the deficiencies of China’s tax preferential policies from the system level,the scope of preferential subjects,preferential methods,preferential links,etc.Some countries with relatively mature foreign pension industry market development-the United States,Japan,France,the United Kingdom and other countries have summed up a series of measures for the pension service industry.They can learn from the experience of tax preferential policies for reference.The rationalization suggestions for tax preferential policies in the service industry mainly include the improvement of the tax preferential policy system,the expansion of the scope of tax preferential subjects,the enrichment of tax preferential methods,and the extension of tax preferential links.