Execution Of Hubei Xiangyang Preferential Tax Policies For Technological Innovation

The relevant implementing agencies of Xiangyang City was surveyed and interviewed as a case in this paper, and combined the available information of the technology bureau to find the problems in the implementing of its preferential tax policy about science and technology innovation, and then analysis the cause of these problems and propose appropriate countermeasures. The purpose of this study is to provide guidance and help for the government of Xiangyang in its implementing of its preferential tax policy about science and technology innovation, and also to provide some valuable reference for the government of Xiangyang when it performs other public policies and offer some effective supplements.In this research, it finds out that in order to solve the scientific and technological innovation problems of tax incentives, and to improve the social effects of the implementation of preferential tax policies for scientific and technological innovation, we can put forward a sound scientific and technological innovation of Local Government tax incentives for effective implementation after analyzing the reasons of the existed problems of preferential tax policy about science and technology innovation of Xiangyang city from the aspects such as the characteristics of scientific and technological innovation tax incentives issues, policy implementation body, target groups and implementation of environmental policy point of view and so on. Its countermeasures include the following aspects: Firstly, The government of Xiangyang should fully understand the characteristics of scientific and technological innovation tax incentives problems, strengthen the identity of tax incentives of the target groups and grassroots cadres, ensure the the long-term effective implementation of technological innovation and preferential tax policies. Secondly, the government should detail the policies and regulations, reasonably set the preferential sectors of the policies, strengthen the R&D project management, standardize the corporate R&D activities, and enhance the coordination and cooperation between the various government departments to ensure the adequate of scientific and technological innovation tax resources. Finally, to respond the implementation of related policies in a better way, the government of Xiangyang need to improve the quality and ability of its policy executives, ensure that they can grasp a good professional knowledge, and improve their professional quality. Meanwhile, a better policy implementation environment should be created, and the supervision and management of the implementation of policies should be promoted to improve the efficiency of scientific and technological innovation, and promote the development of science and technology.The specific studies of the of this paper about the process of technological innovation tax incentives performed has used and referenced the theories of economics, taxation, technological innovation and policy implementation model. And also used fieldwork, survey research methods to analyzed the implementation of the corporate tax incentives for technological innovation about the government of Xiangyang from multiple perspectives, and further reveals the value of using and improving tax incentives the local government used to encourage the technological innovation of enterprises. It’s of great importance to raise the level of science and technology, and promote the technological progress and development of our country.