试论风险投资的财税政策

On the Preferential Tax Policy of Risk Investment

美国风险投资的实践证明:税收对风险投资的影响十分显著。文章主要分析了我国风险投资税收政策存在的主要问题,比如:现行税收法规中,没有针对风险投资中的“高风险”规定旨在减轻或防范风险的政策;对于用风险投资收益再投资于风险投资没有相应的税收优惠;对于风险投资所得税没有减免的规定,等等。并有针对性地提出了优化风险投资税收政策的建议。

This article analyzes the main tax policy problems concerning risk investment： 1） there is no special policies against the high risk investment in the existing taxation regulations; 2） there is no preferential tax policies for the risk reinvestment of return from risk investment; 3） there is no tax reduction policies for tax of return from risk investment. Finally, this article brings forward suggestions for the optimization of preferential tax policies of risk investment.