Research On The Preferential Tax Policies Of Liaoning Pilot Free Trade Zone

On March 15,2017,The State Council issued《The Overall Plan of China (Liaoning)Pilot Free Trade Zone》,and the Liaoning Pilot Free Trade Zone (Hereafter referred to as Liaoning Free Trade Zone) was officially established on April 1,2017.The establishment of the Liaoning Free Trade Zone is a major strategic measure for China to comprehensively deepen reform,expand opening-up and promote the revitalization of the old industrial base in northeast China under the new situation.On July 9,2021,the 20th meeting of the Commission for Deepening Overall Reform of the CPC Central Committee deliberated and adopted《Measures to Promote the reform and Innovation of Trade and Investment Facilitation in Pilot Free Trade Zones》.In 2022,the Ministry of Commerce proposed to continuously promote the decentralization of more provincial-level economic management powers to pilot free trade zones.The goal of the Liaoning Free Trade Zone is to build a high-level and high-standard free trade zone after three to five years of reform and exploration,and lead Northeast China in transforming the mode of economic development and improving the quality and level of economic development.Preferential tax policies play an important role in attracting talents,promoting trade development,optimizing industrial structure and improving business environment in pilot free trade zones.Therefore,it is of great theoretical and practical significance to further study how to improve the preferential tax policies of Liaoning Free Trade Zone.Based on the above background,this paper studies the current preferential tax policies of Liaoning Pilot Free Trade Zone from the perspective of research on the preferential tax policies of Liaoning Pilot Free Trade Zone,based on the growth pole theory,optimal tax theory,tax competition theory and tax expenditure theory,and by using the method of literature,qualitative analysis,empirical analysis and comparative analysis,it is found that the current tax preferential polices in Liaoning Pilot Free Trade Zone have some problems,such as the low intensity of individual tax preferential policies to attract talents,the lack of legality and sustainability,the lack of simplicity and obvious homogeneity,the reasons for the problems include the relatively limited tax power,the need to avoid tax depressions,the short development time of pilot free trade zones and the lack of local financial support capacity.The counterfactual model of tax revenue effect of Liaoning Pilot Free Trade Zone is established by using the synthetic control method.The empirical research results show that the establishment of Liaoning Pilot Free Trade Zone has not formed a positive tax revenue effect in the short term.Liaoning Pilot Free Trade Zone should make continuous efforts to optimize the preferential tax policies and improve the level of tax "collection,management and service",and continue to explore new ways of tax incentives while improving the current preferential tax policies.Drawing on the experience of mature free trade zones at home and abroad in the construction of tax preferential policies,the enlightenments include:improve the tax preferential policy system,establish tax preferential incentive forms,strengthen the top-level design of tax preferential policies,pay attention to the simplification of tax preferential policies.Through the above research and combined with the actual situation of Liaoning pilot Free Trade Zone,the following suggestions are put forward to improve the tax preferential policies of Liaoning pilot Free Trade Zone:increase the tax preferential policies to attract talents,improve the standardization of tax preferential policies, improve the tax preferential policies and strengthen the implementation of tax preferential policies.