企业所得税改革与企业慈善捐赠——基于我国上市公司的经验证据

Corporate Income Tax Reform and Corporate Philanthropic Donations——Based on the Empirical Evidences of Chinese Listed Companies

2008年企业所得税进行改革后,公益性捐赠的税前扣除上限由之前的"应纳税所得额的3%"变更为"利润总额的12%"。本文以2005-2010年我国上市公司为样本,实证研究了企业所得税改革的这一变更对企业慈善捐赠规模的影响,结果表明,所得税改革明显促进了企业慈善捐赠。进一步的研究结果显示,企业所得税改革之后,相较于国有企业,非国有企业更倾向于加大慈善捐赠力度。本文从制度层面研究所得税改革对企业慈善捐赠的影响,有助于我们更深入地理解企业慈善捐赠行为,同时为国家优化和完善政策提供一定的参考。

After the corporate income tax reform in 2008, the upper limit of tax deduction of charitable donations is no longer ＂3% of taxable income＂, but ＂12% of total profits＂. Using data of China＇s listed companies from 2005 to 2010, this paper empirically examines the influence of corporate income tax reform on charitable donations. The results show that corporate income tax reform significantly contributes to charitable donations. Further studies show that after the reform of corporate income tax, compared to the state-owned enterprises, non-state- owned enterprises are more inclined to increase charitable donations. This paper investigates the influence of income tax reform on corporate donations from the aspect of institution, promotes a better understanding of the behavior of corporate charitable donations, and also serves as a reference for regulators to optimize policy-making.