Enterprise Social Responsibility and Tax Planning

The substance of corporate social responsibility is that corporations should undertake certain social responsibilities or obligations in operation or pursuit of profit maximization. It is derived from public welfare or social responsibility undertakings, and the government generally gives preferential policies through laws and regulations as the recognition of corporations which undertake social responsibility. Corporations which undertake social responsibility are regarded as responsible to society, and there are neither rights without obligations nor obligations without rights in the Marxist view. So at the same time of undertaking social responsibility, corporations have the rights to enjoy the relevant preferential tax policies and use them to carry out tax planning. This paper researches on three aspects including public welfare donations, environment protections and employment placements in accordance with the relevant laws of the state. Concretely, it analyzes the relevant laws about above three aspects and different affects of relevant tax planning methods on corporations through comparing the benefits brought by tax planning. At last it put forward some suggestions to improve current taxation of corporate social responsibility.