权益性投资个人所得税政策的国际借鉴研究  

International Experience Reference of Individual Income Tax Policy for Equity Investment

作　　者：南京市税务局、南京市国际税收研究会联合课题组 陈啸 宋雁 蔡秋萍 马君宇 A Joint Research Group of Nanjing Tax Service and Nanjing International Taxation Research Institute

机构地区：[1]不详

出　　处：《国际税收》2025年第3期40-47,共8页International Taxation In China

摘　　要：税收政策是影响资本市场发展的重要外部因素之一。它不仅可以调节收入分配、实现税收公平,而且可以影响投资人决策,进而影响一国资本市场的流动性和吸引力。随着中国多层次资本市场的建立与发展,越来越多的自然人参与股权、股票和合伙企业财产份额等权益性投资。本文重点研究权益性投资所得个人所得税政策,在借鉴国际经验基础上,从扩大综合所得范围、优化税收优惠政策、引入亏损弥补政策、建立灵活响应机制四个方面,结合我国发展现状提出相关建议。Tax policy is one of the important external factors affecting the development of the capital market.It can not only regulate income distribution and achieve tax fairness,but also influence investors'decisions,thus affecting the liquidity and attractiveness of a country's capital market.With the establishment and development of China's multi-level capital market,an increasing number of natural persons are participating in equity investments.This paper focuses on the individual income tax policy for income from equity investments.Based on drawing on international experience and in combination with China's current development situation,this paper puts forward relevant suggestions,including expanding the scope of comprehensive income,optimizing tax incentives,introducing loss offset policies,and establishing a flexible response mechanism.

关 键 词：权益性投资 个人所得税 税收政策 税收征管 资本性所得 资本市场 

分 类 号：F810.42[经济管理—财政学]