Incentive Effect of Tax Preference for Venture Capital Industry

DOI: 10.5176/2251-3809_LRPP18.23

Authors: Chen Xudong and Liu Chang

Abstract:

In this thesis, the mechanism of effect of tax preference on the organization form, domicile distribution and size of venture capital is analyzed based on the fact that the development of venture capital industry has increasing demand for tax preference under the new economic situation, and the internal relation between tax preference and venture capital size in the high-tech industry is further demonstrated, based on which the positive incentive effect of tax preference policy on venture capital industry is discussed.

Keywords: venture capital industry; tax policy; tax incentive effect