ATJ Asian Tax Journal

Asian Tax Journal

Print ISSN 1738-3323 Online ISSN 2733-9270

A Study on the Taxation Support Plans to Promote Donation for Education

  • Jae Yeon Jeong Kangwon National University

Asian Tax Journal Vol. 15 No. 6 (2014), pp. 321-346

Abstract

The purpose of this study is to suggest a taxation support plan to promote donation foreducation, as an incentive to the donators for education. Focusing on contents donation, program donation, and human service donation (talent donationor volunteer activities), rather than money donation, this study suggests the following taxationsupport plans. First, as for contents donation and program donation, in order to donate contents or program foreducation, only the additional economic losses incurred to the donators should be evaluated asdonation. Second, as for human resources who participate in a donation program for education in their off－duty time, the donation should be recognized as talent donation or volunteer activities of thedonators, and taxation support should be provided for them. Third, the scope of talent donation should be defined clearly. Regarding talent donation, unitprice per time should be applied higher than that for volunteer activities in a special disaster areawhen evaluating the donation. Meanwhile, proper level of maximum donation amount per day andyear should be set. Fourth, it is necessary to provide related systems so that parents can get a tax benefit from thedonations for education given by their children. Issuing a certificate of donation should be strictlymanaged for donators. This study is meaningful in that it classifies various kinds of donations for education by typeand suggests proper taxation support plans suitable for each type. We expect that the results ofthis study will contribute to promotion of donations for education and settlement of a newparadigm of donation culture.

Keywords

  • donation for education
  • talent donation
  • volunteer activity
  • service donation

Related Articles

ATJ
E-SubmissionSitemapContact Us RSS

Asian Tax Journal

Address : 3F, KICPA Bldg., 12 Chungjeongro 7-gil, Seodaemun-gu, Seoul 03736, Republic of Korea

Editor-in-Chief : Prof. Wanyong Kim Editorial Office : Dept. of Finance, Accounting & Taxation, Hanyang Cyber University, 220 Wangsimni-ro, Seongdong-gu, Seoul, Republic of Korea Tel : +82-2-2290-0418 / +82-10-8664-1117 E-mail : taxresearch2@hanmail.net