Abstract: Tax incentive policies are playing significant role in promoting Chinese university technology transfer. However, little research has made a systematic analysis on this topic. This research attempts to fill this gap. This paper briefly introduced the tax law system related to university technology transfer in US and UK. After then, this paper investigated Chinese tax incentive policies of university technology transfer. In terms of turnover tax and income tax, this paper demonstrated the existing problems and obstacle in the process of technology selling and technology appraised as capital stock. This paper found that China has a comprehensive tax incentive policies. The government should keep the tax system neutralization, in order to avoid the discriminatory effect in different routes of university technology transfer. In addition, the government should make some changes in tax-paying channel, and coordinate the oriented of tax incentive policies from the top-level at the beginning.