Analysis Of Accelerated Depreciation Of Fixed Assets Preferential Policy Effect

In manufacturing sector, the role of fixed assets in business operations development process play vital. Especially in the current science and technology advances, more significantly shorten the replacement cycle, the ability to introduce new equipment and develop more new technology to increase productivity and efficiency is a subject of our manufacturing industry. In and outside the shortage of funds, manufacturing winter situation, the state tax incentives frequently in order to boost the revitalization and development of the manufacturing sector. With the introduction of the policy, resulting in a series of new issues-what fixed assets accelerated depreciation tax incentives to develop mind is how specific effect in practical activities, the implementation of preferential policies for problems found during which tax how would the difference be adjusted in function of the process also need to improve those measures. To this end, on the basis of existing policies on the precise interpretation to existing corporate income tax law and tax regulations as the background, combined with typical business tax returns and financial statements, and put forward corresponding opinions and suggestions.Research Approaches of this paper is:The second chapter summarizes the relationship between earnings management and tax policies, incentives and effects of the outcome of tax incentives for research laid the theoretical foundation of the full text. The third chapter focuses on China’s fixed assets accelerated depreciation tax benefits the New Deal introduced background. By comparing the existing policies and the old regime, carded and interpretation of specific provisions of the new policy. Chapter IV fixed assets accelerated depreciation corporate income tax effect of case studies, the selection of the sample companies have a typical sense, summarizes the practical effect of preferential policies to enterprises and found that during the execution of a problem. The fifth chapter focusing on the implementation of the various problems arising in the course, be analyzed separately in the government business perspective and proposed ideas and measures for improvement.The main research methods are:First, read the literature method. Through the collection, compilation of relevant literature at home and abroad Tax Policy and financial accounting, accelerated depreciation understand the state of research, ideas; analysis of the current accelerated depreciation tax incentives research gaps; sort of tax policies on the development and evolution of history and the current New Deal provisions. Second, the case study method. By analyzing the typical enterprise, understand the current problems with the implementation of the results of the New Deal, and to explore the need to improve the problem.This paper argues that:the current accelerated depreciation of fixed assets Purchase of fixed assets mainly deals one-time deduction, shorten the depreciation period, accelerated depreciation three policies. These policies largely successful implementation of the policy objectives, the positive cash flow, encourage corporate investment activities, but there is still space for improvement. New Deal during the execution of the current prevailing enthusiasm is not high, inaccurate interpretation of the phenomenon of policies need to further improve the level of tax collection and management, standardize the tax treatment of fixed assets, promote industrial upgrading and structural adjustment of China’s manufacturing industry.The innovation of this paper is reflected in:First, the use of actual case data characterizes the relationship between incentives and earnings management, the tax policy on accounting policy choices, the impact on corporate behavior in-depth analysis, with particular emphasis on the accelerated depreciation relationship between investment and innovation, enriching the analysis angle Policy. Second, tax combined with the author’s own experience, the process of implementation of the common problems to be incurred, and asked for the collection and management, analyzes the causes of both the collection and management issues, but also from practical point of view, analyze how to avoid collection problems. Third, the quantitative calculation and qualitative analysis, to grasp the general direction of policy effects and accurate data in order to make conclusions not only help improve the macro-policy decision makers, but also facilitate enterprises preferential tax policies for the selection and use.Significance of this study lies in:the theoretical level, this article is a useful supplement existing research and improvement, contributed to a better understanding of effector mechanisms of tax incentives, accelerated depreciation tax incentives grasp the meaning, purpose, and further clarify the accelerated depreciation Deal significance for China’s industrial structure adjustment. On a practical level, the current article on the original New Deal tax laws and regulations which were adjusted how the incentive effect, what problems still exist, and how for the business activities of the new situation and new problems continue to optimize incentives and other issues were discussed research to help improve the future to improve related policies.