摘要
PPP的成功是建立在项目"财务平衡"的基础上,而税收激励有着不可或缺的作用。PPP项目具有复杂伙伴关系的特征,伙伴之间的税务关系是调节伙伴主体利益均衡的重要经济杠杆,为实现伙伴主体多方满意的目标,以PPP项目主要涉税税种——增值税和企业所得税为对象,从净现值视角分析税收激励对PPP项目财务平衡的影响。结果表明,在地方政府财政承受能力范围内对PPP项目提供税收优惠激励,能够在保证中央政府税收收入稳定的前提下使社会资本方的资本投入获得合理的回报,达到参与多方满意,实现PPP项目的"财务平衡",进而实现PPP项目的可持续性的目标。
The success of PPP is based on the"financial balance"of the project,and tax incentives play an indispensable role in it.The PPP project is characterized with complex partnership.The tax relationship between partners is an important economic lever to adjust the balance of interests of the partners.In order to satisfy all stakeholders,a study is conducted in this paper to analyze the impact of the tax incentives on financial balance of PPP projects from the perspective of net present value.In this study,the main taxes related to PPP projects are VAT and corporate income tax.The result shows that providing preferential tax incentives for PPP projects within the scope of local government financial affordability can ensure that the capital investment from social capitalists could bring in reasonable returns under the premise of ensuring the stability of central government tax revenue.It can also satisfy all the participating parties and realize the financial balance of PPP projects so as to achieve the sustainability of PPP projects.
作者
单雪芹
许娜珊
Shan Xue-qin;Xu Na-shan(College of Management Science and Real Estate,Chongqing University,Chongqing 400045,China)
出处
《税务与经济》
CSSCI
北大核心
2019年第6期92-97,共6页
Taxation and Economy
基金
中央高校项目基本业务费(项目编号:2018CDXYJG0047)
教育部规划项目(项目编号:17YJA6301232010)
重庆大学工程财务系列课程教学团队建设项目(项目编号:02040011110002)的支持
关键词
PPP
伙伴主体
税收关系
利益均衡
财务平衡
PPP
partner subject
tax relationship
interest equilibrium
financial balance
