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Fiscal subsidy is a form of redistribution in which the state subsidizes a part of the financial funds to enterprises and residents free of charge in order to achieve specific economic, political and social goals
Fiscal subsidies are gratuitous expenditures that are paid to enterprises and individuals under a certain economic system structure, which can change the relative importance of existing products and factors of production, so as to change the structure of resource allocation, supply and demand.
Fiscal subsidies are a type of transfer expenditure. From the point of view, the payment is gratuitous; From the perspective of the recipients, this means an increase in real income and an improvement in the economic situation compared to before.
Fiscal subsidies are linked to relative changes, and it has the impact of changing the structure of resource allocation, supply and demand.
The positive role of financial subsidies
1. Effectively regulate the balance of social supply and demand and maintain macroeconomic stability.
2. Promote the optimal allocation of social resources.
3. Cooperate with the regulation of natural monopoly fields and provide social welfare.
4. Promote industrial restructuring and accelerate economic development.
The negative effect of financial subsidies
1. The long-term financial subsidies for some economic activities will make the deviation from the value long-term and legitimized, thereby weakening the economic regulation and control function of the government.
2. It is not conducive to truly reflecting the business performance of the enterprise.
3. It has exacerbated the contradiction between fiscal revenue and expenditure, and put a heavy burden on the top finance.
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The nature is to carry out a kind of redistribution of social wealth.
Fiscal subsidy is a form of redistribution in which the state subsidizes a part of the financial funds to enterprises and residents free of charge in order to achieve specific economic, political and social goalsA kind of redistribution of social wealth through gratuitous subsidies of financial funds.
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Transfer payments, and use fiscal means to adjust irrational distribution.
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Subsidy refers to a certain behavior that is ** or collectively specific and benefits a certain party. There are many types of subsidies, including various types of subsidies, accommodation subsidies, medical subsidies and so on.
Subsidy (mostly financial).
Its characteristics are as follows:
1) Subsidy is a kind of **behavior: the **behavior here is a broad concept, including not only the subsidy behavior of ** and local **, but also the subsidy behavior of ** intervening private institutions.
2) Subsidies are a fiscal act: there are expenditures in public accounts.
3) The subsidy must be granted to the subsidized party a certain benefit: it is generally considered that this benefit is that the subsidized party has obtained some value from a certain subsidy plan that it cannot obtain in the market.
4) Subsidies should be specific: Subsidies should be specific: Subsidies are provided to certain enterprises selectively or differently.
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Legal analysis: financial subsidy refers to a kind of subsidy provided by the state to enterprises or individuals in order to achieve specific political and economic goals. China's current financial subsidies mainly include ** subsidies, loss subsidies, employee living subsidies and interest subsidies.
The target of the subsidy is enterprises, workers and urban residents. The scope of the subsidy includes all sectors of the national economy such as industry, agriculture, commerce, transportation, construction, and foreign trade, as well as all aspects of production, circulation, and consumption, as well as all aspects of residents' livelihood. The main body of financial subsidies is divided into ** finance and local finance.
Financial subsidies are included in the budget.
Legal basis: "Budget Law of the People's Republic of China" Article 16 The State implements a system of financial transfer payments. Fiscal transfer payments shall be standardized, fair, and open, with the main goal of promoting the equalization of basic public services between regions.
Fiscal transfer payments include transfer payments to local governments and transfer payments from local superiors to subordinates, with the aim of balancing the basic financial resources between regions and making overall arrangements for the use of general transfer payments by subordinates.
In accordance with the provisions of laws, administrative regulations and regulations, special transfer payments may be set up for handling specific matters. Establish and improve mechanisms for regular assessment and withdrawal of special transfer payments. Special transfer payments must not be established for matters that can be effectively regulated by the market competition mechanism.
When arranging special transfer payments, the superior shall not require the subordinate to bear the matching funds. However, there is an exception for matters that should be jointly borne by superiors and subordinates in accordance with the provisions of ***.
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(1) Policy. The financial subsidy is based on the political, economic and social policy objectives in a certain period of time, and is amended, adjusted and updated with the development and change of the country's political and economic situation, so it has a strong policy nature.
2) Controllability. The specific financial subsidy to whom, how much the subsidy, in which link the subsidy, when to cancel the subsidy and other contents are determined by the financial department according to the policy needs, is the most directly controllable economic lever, with a certain degree of controllability.
3) Flexibility. The object, scope, effect and target of financial subsidy leverage are determined and adjusted by the financial sector in a timely manner according to the requirements of the policy, so the financial subsidy is more flexible, direct and rapid than the role of economic levers such as taxation and taxation when directly regulating the economy and coordinating all aspects of economic relations.
4) Timeliness. Fiscal subsidies are to serve the realization of national policy objectives, and when a policy changes, financial subsidies will also be adjusted accordingly; When a policy is implemented and becomes ineffective, a specific financial subsidy will also be suspended.
5) Specificity. The financial subsidy is only subsidized for the projects or matters specified in the ** policy, and no subsidy is given for other projects.
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Financial subsidy refers to a kind of subsidy provided by the state to enterprises or individuals in order to achieve specific political and economic goals.
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Financial subsidiesis part of the state in order to implement specific economic, political and social goalsFiscal fundsA form of redistribution of gratuitous subsidies to businesses and residents
Fiscal subsidies are provided in a defined economic system.
Under the structure, financial payments to enterprises and individuals can change existing products and factors of production.
relatively, so that the allocation of resources can be changed.
structure, supply structure and demand structure.
Fiscal subsidies are a type of transfer expenditure. From the point of view, the payment is gratuitous; From the perspective of the recipients of subsidies, it means an increase in real income, and the economic situation has changed compared to before.
Fiscal subsidies are associated with relative changes, which have the impact of changing the allocation structure, supply structure, and demand structure of resources.
The positive role of financial subsidies
1. Effectively regulate the balance of social supply and demand and maintain the macroeconomy.
Stable. 2. Promote the optimal allocation of social resources.
3. Cooperate with the regulation of natural monopoly fields and provide social welfare.
4. Promote the adjustment of the industrial structure and accelerate economic development.
The negative effect of financial subsidies
1. ** Fiscal on some economic activities.
Providing a large number of subsidies for a long time will make the deviation from value long-term and legitimized, thereby weakening the economic regulation function of the first country.
2. It is not conducive to truly reflecting the business performance of the enterprise.
3. It has exacerbated the contradiction between fiscal revenue and expenditure, and put a heavy burden on the top finance.
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Summary. Financial subsidy institutions, also known as differential appropriation institutions, bear part of the funds by the treasury and include them in the budget by the treasury; The unit bears part of the funds, which are paid by the unit before tax, such as hospitals. The personnel expenses of the shortfall appropriation unit shall be allocated by the state treasury, and other expenses shall be self-raised.
The financial subsidy business is also known as the difference appropriation institution, and the financial department bears part of the funds, which is included in the budget by the finance; The unit bears part of the funds, which are paid by the single song rank before tax, such as hospitals. The personnel expenses of the shortfall appropriation unit shall be allocated by the state treasury, and other expenses shall be self-raised.
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