【摘要】 风险投资税收激励体系是个基于各国经济、法律环境和税制结构的子系统,针对市场化金融型机构主导的风险投资模式,亚太发达国在激励税政目标、税种工具、实施方式等方面日益形成一种以美国为摹本的框架,实施着所得税为主、事前事后并重事前居先,合伙企业非法人化并赋予流经中介待遇的风险投资税收激励范式,为我国相应制度的建设提供了有益的参照。更多还原

【Abstract】 Considering the possibility of ″market failure″,more countries are copying the USA’s tax incentive pattern by means of enterprises acting and pool-finance though pension fund,etc. The Asian-Pacific countries make their tax systems much closer to that of USA,which offers income tax inspiration,applies front-end incentive framework,imposes capital gains taxes,gives a personality statues to LLP,and a flow-through treat to pool-finance vehicle,etc. Oriented by the market and pool-finance development,Chinese modern VCL tax system should adopt such objects,practical models,policy tools and methods correctly.更多还原