Research On The Tax Policy Of Accelerating The Development Of Small And Medium-sized Enterprises In China

Since China implemented the reform and opening up policy, in the thirty years especially since the Sixteenth Congress Party, the economy of SMEs acquired rapid development. It can be said that SMEs plays a crucial role in promoting economic growth, accepting staff employment, implementing technological innovation and increasing financial income.But in reality, not matching its important role in society is that the SMEs in the economy society is a truly a "vulnerable group" which is embodied in the lack of factors of production such as capital, resources, personnel etc, facing the dual market pressure from the monopolistic behavior by large enterprises and unfair competition between itself. The lack of protection of market rights, together with some local government preference for large enterprises makes the interests of SMEs squeezed.Therefore most countries in the world have supporting the development of the SMEs as an important policy of the government. In a large number of policy measures, tax policy has played a very important role in it.In this paper, it starts with the tax policy of supporting the development of SMEs. not just limited to simple tax incentives, but the analysis of the deficiencies and disadvantages of SMEs, the different effects of policy implementation, reference to the useful experience of foreign countries and proposing of tax policy ideas.I think the Government should adopt a flexible and rich tax policy means and complete system of policy content, establish a sound system of tax policy for SMEs and provide a full range of tax policy support for development of SMEs.This paper first describes the function of the Chinese SMEs in the economy and society that can not be ignored, their own problems; then discusses the regulatory function of the tax policies of SMEs; then preferential tax system, a detailed analysis of VAT, income tax and other aspects of the existing tax policy in the promotion of SME development in terms of defects and shortcomings.In the following paragraphs, the paper lists representative practices by a few developed countries, and learns from the useful experience of their use of tax policy. Finally, this paper proposes the concept of sound tax policy in China in the aspects of management ideas from the tax, the tax policy system, the tax collection system, the tax service improvement.