Research On The Optimization Of Tax Preferential Policies For The Integrated Circuit Industry

The ZTE case has yet to completely eliminate the alarm bell,Huawei ban is like a slap in the face,more and more people will focus on the integrated circuit industry.As the cornerstone of the electronic information industry,the development of integrated circuit industry,on the one hand,can promote the growth of the national economy,on the other hand,it has also spawned a new generation of information technology industries,such as the Internet of things,smart phones,smart cars,big data,digital consumption and cloud computing.The importance of integrated circuit(IC)is self-evident as it has become the arena of fierce competition among nations.A variety of measures and incentive policies have been introduced to support the development of the integrated circuit industry in the world,including various preferential tax policies.China also attaches more importance to the development of the integrated circuit industry,the National Integrated Circuit Industry Investment Fund has been set up,and integrated circuit enterprises have been listed as strategic emerging industries for many times.First of all,this paper starts with the characteristics of integrated circuit,analyzes the current situation of the development of China's integrated circuit industry,and from the classification of taxes,sums up the tax policies currently implemented in China,taking ZTE corporation as an example,this paper describes the tax preferential policies on IC industry,and analyzes the impact of tax preferential policies on profitability and R&D investment and reflects the problems existing in the integrated circuit industry through the analysis of ZTE's problems.Then from the United States,South Korea,Japan,China's Taiwan more perfect integrated circuit industry tax policy,analysis and summary of tax policy experience for reference;Some suggestions are put forward to optimize the tax policy of integrated circuit industry in China.