Research On The Effect Of Tax Preferential Treatment On Enterprise Scientific And Technological Innovation

Scientific and technological innovation is the most fashionable subject in the contemporary era.The scientific and technological revolution triggered by it constantly creates new mechanisms to make the whole social life change dramatically.As early as the beginning of reform and opening-up,Comrade Deng Xiaoping pointed out: "Science and technology are productive forces,and are the primary productive forces." Comrade Jiang Zemin once pointed out: Scientific and technological innovation has increasingly become an important foundation and symbol of the liberation and development of the productive forces in today’s society,which increasingly determines the development process of a nation and a nation.National Medium and Long-term Development Plan 2006-2020 pointed out that by 2020,China’s independent innovation capability,basic science and cutting-edge technology research comprehensive strength significantly enhanced,made a number of significant impact of scientific and technological achievements.To this end,the state has introduced more policies to encourage scientific and technological development,directly or indirectly promote the scientific and technological innovation investment.In the scientific and technological innovation for the purpose of economic development strategy under the guidance of government support and guidance play a significant role.Among them,the use of tax policy to promote scientific and technological innovation and technological progress is undoubtedly one of the effective measures.As the main body of the national economic development,the strength of the R&D investment ability of the enterprise directly determines the strength of the national innovation capability.Tax policy as a tool for the government to adjust the macroeconomic in promoting enterprises to increase R&D investment plays an irreplaceable role.2016 to 2020,but also from the realization of "National Medium-and Long-term Development Plan," the final goal of the sprint phase of five years,planning objectives can be achieved,largely depends on the development of the past few years.Therefore,it is necessary to analyze the effect of the current tax incentive enterprise’s scientific and technological innovation,This article first elaborated the science and technology innovation and the tax correlation theory,analyzed the tax policy to involve in the science and technology innovation necessity as well as the different tax,the different tax preferential benefit way how to act in the enterprise science and technology innovation.Secondly,the status of science and technology innovation and tax incentives were analyzed.In recent years,small and private enterprises in R&D expenditure or scientific and technological personnel in terms of steadily increasing,is to promote China’s R&D investment in China’s macro-level enterprise R&D investment capacity,Independent innovation capability of a powerful force.In the aspect of tax preferential policies,the article analyzes various kinds of tax policies that encourage enterprises’ scientific and technological innovation at present,and makes a simple analysis and evaluation of their applicable objects and preferential contents.And compared with foreign tax policy which encourages enterprises to invest in scientific and technological innovation,it has certain reference significance.Thirdly,using the panel data of 64 companies listed on the Growth Enterprise Market(GEM)to select the R&D investment intensity as the dependent variable of the technological innovation,the preferential VAT and the income tax Profit ratio,R&D personnel,sales profit rate as independent variables,the enterprise innovation investment capacity of multiple regression analysis,and ultimately draw the following conclusions: whether it is preferential tax incentives or corporate income tax incentives and enterprise technology Innovation input into a positive correlation,and the effect is obvious.The enterprise income tax preferential policy encourages the innovation ability of the information technology enterprise to be stronger than the turnover tax preferential policy.The implementation of personal income tax incentives helps to improve human capital,increase the demand for scientific and technological innovation talentsFinally,according to the result of the empirical analysis,the author puts forward the related policy suggestions from the aspects of individual income tax,enterprise income tax,VAT,and the construction of the extra-policy system to better promote the innovation of enterprises.