Empirical Analysis on Influence of EET Annuity Tax Policy on Chinese Enterprises

The EET annuity tax mode has been implemented in China since 2004. This paper makes a empirical analysis on the influence of EET policy on Chinese enterprises after implementation. We designs three research hypotheses: H1: The EET tax mode enhances the enthusiasm of employees o n taking part in the enterprise annuity system; H2:The status of economic development spirits the ent husiasm of enthusiasm of employees on taking part in the enterprise annuity system; H3 :The development of basic endowment insurance impairs enthusiasm of enterprises' employees on taking part in the enterprise annuity system. LnPension=beta 0+beta 1Tax+beta 2GDP+beta 3Unemployment+beta 4LnRevenue+beta 5 Return+beta 6LnBasic+epsilon.It has drawn a conclusion that the reform of Chinese enterprise annuity tax pol icy from TEE mode to EET had not facilitated the development of enterprise annuity. The reason is that the effect of such policy has not been seen clearly as it was just launched, gives some interpretations and suggestions for the Chinese government and enterprises.