| The report of the 20th National Congress of the Communist Party of China repeatedly mentions high-quality development,clearly defining high-quality development as the primary task of comprehensively building a modern socialist country,adhering to the theme of promoting high-quality development in government work,organically integrating supply side structural reform and the strategy of expanding domestic demand,and promoting effective improvement in quality and reasonable growth in quantity of the economy.At the same time,as an important focus for high-quality development,the sports industry has received increasing attention.The report of the 20 th National Congress of the Communist Party of China proposed the goal of "comprehensive and coordinated development of mass sports and competitive sports,accelerating the construction of a strong sports country",clarifying the historical mission of the sports industry in China’s new era and new journey,and pointing out the direction for the future development of the sports industry.With the continuous improvement of China’s productive forces,the continuous prosperity and development of China’s market economy,and the continuous improvement of the people’s material living standards,China has begun to pursue a higher standard of living.With the expectations of the people and the strong support of the government,the sports industry has shown a strong momentum of development.The sports industry is a typical "green industry",in which sports services aimed at health and entertainment,sports events and other products that have received considerable attention,rely on their strong communication ability and positive guidance to promote the transformation of consumer consumption concepts,bring prosperity to the sports consumption market,improve the physical fitness of the people,and form a positive social atmosphere.At the same time,the development of the sports industry has provided a strong driving force for the rapid economic growth of our country.Based on this concept,through sorting out the current preferential tax policies related to the sports industry in China and previous scholars’ research,the comprehensive tax revenue preferential theory,the current preferential tax policies for the sports industry are studied,and the current situation and problems of the development of the sports industry in China as well as the preferential tax policies for the sports industry are analyzed.The relationship between high-quality development and tax preferences is theoretically analyzed based on production functions;Using the method of empirical analysis,a comprehensive indicator of high-quality development level of enterprises is constructed from two dimensions of benefit development and sustainable development.Through the financial indicators of sports industry listed companies,the factor analysis method is used to decompose the benefit dimension into profitability and operational capacity.The innovation dimension is measured by the intensity of research and development investment.Through the method of linear regression,the impact of value-added tax and corporate income tax on the operational capacity of sports industry listed companies is analyzed The relationship between profitability and innovation investment is analyzed by incorporating the impact of the epidemic.From the empirical results,both value-added tax and income tax incentives have a positive incentive effect on the profitability of the sports industry.Value-added tax incentives can improve operational capacity,while income tax incentives reduce operational capacity.Enterprise research and development investment is negatively correlated with value-added tax incentives,and positively correlated with obtained tax incentives.Considering the impact of the epidemic,enterprise profitability and operational capacity both decline,and research and development intensity is not related to the epidemic;Based on theoretical and literature analysis,it is found that China’s sports industry has developed rapidly,but the supporting tax preferential policies have a narrow coverage,lack of sustained effect,imperfect system,low legislative level,and insufficient consumer side incentives,which have resulted in the government’s realization of tax preferential policies that have not met its expectations;Finally,based on empirical and theoretical analysis,suggestions are proposed to increase the tax incentives for the sports industry,optimize the tax incentive system for the sports industry,and increase innovation support.Efforts are made to comprehensively promote changes in the development mode of the sports industry,promote changes in quality,efficiency,and motivation,and make the achievements of the development of the sports industry better benefit the people. |
