대기업집단 소속 공익법인의 재무적 특성과 조세회피

The purpose of this study is to identify the financial characteristics of public corporations belonging to large corporations and to ascertain whether they are related to the financial characteristics of public corporations belonging to large corporations and the tax avoidance. Tax benefits for public corporations can be used as a means to activate public service projects or as a means of avoiding taxes. In particular, in the case of large corporations, there is a problem that the establishment of public corporations and the consequent gift of affiliate stocks are being abused as a means of giving convenience benefits to dominate subsidiaries rather than being used for public service projects. However, most public corporations belonging to the group of large corporations keep the ratio of shares limited by the inheritance tax and the gift tax law, and their role as a public corporation should not be underestimated merely by such a stakeholder relationship. Therefore, in this paper, we analyze financial characteristics of public corporations belonging to large corporations by collecting financial data of 2015 and 2016 from publicly disclosed data in the National Tax Service, The results of this study are compared with the financial characteristics of outstanding public corporations. According to the results of the analysis, the public corporations belonging to the large corporation group have a larger total assets than the public corporations which are comparable, and the majority of the total assets are the stocks and the equity shares and the financial assets. On the other hand, donation income in public service projects was lower than that of publicly traded corporations, and the proportion of project costs to total costs was also low. These results show that public corporations belonging to large corporations have a sound financial structure, but the performance of public service projects is somewhat poor in terms of operational performance. The establishment of public corporations belonging to large corporations is more important than the purpose of public interest, the indirect effect of securing the dominance of large corporations and avoiding taxes. Therefore, tax benefits for public corporations should be granted in accordance with the principle of public interest, and the follow－up management of the public interest corporations will be in accordance with the taxation equality. In other words, rather than merely granting tax benefits to stock holdings, it is necessary to establish measures to confirm whether or not they are performing well in the public service after tax benefits.