공익법인의 과세체계 및 회계기준 개선방안

[Purpose] This study is to vitalize public－service corporation and to create a healthy donation culture by enhancing accounting transparency through presenting reasonable improvement plans for the tax system and accounting standards related to public－service corporation. [Methodology] This study conducts a literature study on the taxation system and accounting standards of a public－service corporation. Specifically, the concept and scope of the public interest corporation, relevant tax laws and accounting standards, overseas legislative cases and previous studies are reviewed to identify problems in the tax system of the public－service corporation and then present measures for improvement. [Findings] First, strict restrictions and excessive regulations on the conversion of basic property such as donations have limitations in responding to various environmental changes. Second, neglecting to manage and supervise internal transactions goes against the intentions of the contributors and donors, and wrong management and decision－making may adversely affect the reliability and permanence of the public interest corporation’s purpose projects. Third, the special exclusion from deductible expenses for reserve fund for essential business may cause problems such as means of tax evasion due to different business reserve standards. Fourth, accounting standards that do not reflect the specificity of the public－service corporation can provide distorted information to information users, undermining a healthy donation culture. [Policy Implications] This study identifies the latest issues related to public－service corporation, analyzes practical problems, and proposes improvement of related tax systems and accounting standards from the viewpoint of activating public－service corporation.