Research On The Influence Of R&D Expense Additional Deduction Policy On High-tech Enterprises

In China,high-tech enterprises are already one of the main bodies of technological innovation with the most market vitality and development power.And the R&D expense additional deduction policy which is considered to be the most fair design,the most preferential power and the most innovative incentive effect has become an important tax preferential policy of the government for high-tech enterprises.China’s 14 th Five-Year Plan and 2035 Vision outline call for encouraging enterprises to increase investment in research and development,and implementing more inclusive policies such as additional deductions for research and development expenses and preferential tax treatment for high-tech enterprises.In the face of the new requirements and new situation of development,R&D expense additional deduction policy still needs to be further improved its effect.Based on the above,the main content of this paper is to discuss the influence of R&D expense additional deduction policy on high-tech enterprises.This paper mainly discusses the influence through basic theory and case analysis.In order to further study,this paper takes the influence of tax preference policies and the development of R&D expense additional deduction policy as background,and use ZTE as an example for specific analysis,mainly analyzing the influence of this policy through tax reduction and exemption,innovation incentive,financial performance and enterprise horizontal comparison.The results of this paper show that:(1)The R&D expense additional deduction policy has an actual incentive effect on high-tech enterprises from the case analysis.(2)The incentive effect has a certain lag,especially reflected in the innovation incentive.And high-tech enterprises of different sizes are also different in the incentive.Finally,this paper puts forward several suggestions on how to further exert the incentive effect of R&D expense deduction policy on high-tech enterprises from the government and the enterprise level.