Study On The Pertinence Of Independent Innovation Of Enterprises And The Relevant Taxation Policies

The independent innovation is a source of the core-competitiveness of a country and reflects the potential for the economic growth and ability for sustainable development of a country. As a result, it becomes the major development strategy of all governments in the world. Making use of the preferential taxation policy, an effective means to effect the independent innovation of enterprise, to promote the independent innovation of enterprise becomes a wise choice of the government. The taxation laws and regulations currently in effect in our country play certain positive roles in promoting the independent innovation of enterprise and industrialization of high technology. However there still exist some defects from angle of the entire tax system structure and the concrete taxation policies that have been put into practice in our country for independent innovation of enterprises. The existing taxation policy can not bring into full play the expected incentive effect. Under the background of greatly promoting the independent innovation of enterprises, it is especially necessary to make intensive study on and to perfect the taxation policies for independent innovation of enterprises.This article applies the relevant theories in management and economics, puts forward the frame for study of the pertinence of independent innovation of enterprise and taxation policies, expounds that taxation policy affects the function mechanism of independent innovation, makes theoretic and demonstrative analysis on the pertinence of independent innovation and taxation policy according to their actual situation, from the dynamic angle and in a form of combining quantitative analysis with qualitative analysis and tries to find out the existing problems in the taxation policies for independent innovation of enterprise in our country on the basis of further study and analysis of the pertinence of independent innovation and preferential taxation policy for the enterprises in the developed countries of the world so as to set forth the principles and countermeasures to perfect and optimize them. The main contents and creative work of the article are as follows:1. The extending study on the taxation system for independent innovation of the enterprises: This article studies the phenomenon of"Market Failure"caused by the inherent economic characteristics of independent innovation of enterprise itself and points out the necessity of the government intervention and the viewpoint that the new and special taxation expenditure (taxation preference) system should be developed to promote investment for the independent innovation of the enterprise, namely, establishing the"tax exemption, offset and refund" system for value-added tax of independent innovation products and negative income tax system of enterprises according to the characteristics and existing condition for independent innovation of enterprises. The system of"tax exemption, offset and refund" for value-added tax is favorable to the entry of the independent innovation products of the enterprise into the market for competition with the price including no tax or less tax , further constituting great impact on the main decisive factors– cost and income in their independent innovation and producing stronger incentive effect . While the negative income system of the enterprise is to link up the income from the independent innovation products of the enterprises with the corresponding sci-tech funds obtained from the government so that the more the income enterprises get from the independent innovation products, the better their conditions become. Then, the enterprises are more willing to participate in the independent innovation activities, thus strengthening the motive force and ability of the enterprises in independent innovation.2. Pertinence of taxation system and taxation policy: This article through analysis and study on taxation system and taxation policy currently in effect, puts forward that the scientific and rational taxation system is the basic guarantee to bring the taxation policy into play, the taxation policy and taxation system should be unified and the policies are embodied in the system. If the taxation system is not scientific and rational, the reliability of the taxation system will be greatly discounted, the uncertainty of taxation policy derived from it may be amplified and its expected efficacy can not bring into full play. Hence, this article breaks through that the study on the pertinence of independent innovation and preferential policies is only limited to the boundedness of tax policy level, lays stress on the relationship between taxation system and independent innovation of enterprise. This paper concludes that, due to the imperfections of our tax system itself, some of the tax system reform are not in place, so, a stage distortion is formed, while the incentives mechanism of taxation policy set up for independent innovation of enterprise is relatively antecedent and its result makes the systems of some important tax categories become restriction to the independent innovation of the enterprise. The non-coordination between tax policy and system results in the conflict between positive effect of tax policy and negative effect of tax system limitation, weakening the incentive effect of taxation policy on the independent innovation of enterprise. For this reason, the key to the article is to solve the imperfect tax system problem based on the optimization of the preferential taxation policies for independent innovation and further sets forth some new viewpoints and suggestions:3. The effect of taxation policy : This article analyzes the content , characteristics and implementation state of the preferential taxation policy for independent innovation based on the existing condition of the independent innovation of the enterprises in our country , makes analysis from demonstration angle on the preferential taxation policies currently in force in China for independent innovation of enterprise through establishment of the new model that preferential taxation policy affects the independent innovation of enterprise and handling of the relevant data , concludes that the effect of the taxation policy depends to great extent on the target selection of taxation policy and its implementation after further making quantitative analysis on the actual condition of the preferential taxation policy of the enterprises in Guangdong Province for independent innovation and points out if it is not properly selected and restriction of the taxation management ability has not been considered, the results often are inefficient ,even invalid ,which might lead to the phenomenon that the tax revenue lost by the government exceeds the value produced by independent innovation of enterprise.4. Formulating principle and operation frame of the taxation policy: This article expounds the development tendency and main characteristics of the preferential taxation policy for enterprises in their independent innovation in developed countries and makes study on their formulating principle and operation frame of the preferential policy on independent innovation, then puts forward that the tax preference is a form of financial subsidy, so it must conform to the viewpoint requested by the relevant international organizations. At present, the international organizations such as world trade organization, economic cooperation and development organizations etc have worked out strict stipulations on the subsidy policies for their member countries. Therefore, our country, as a member of the above organizations or a signatory country must design and work out the preferential taxation policies for independent innovation of the enterprises within the corresponding stipulations required and by combining with the actual condition of our country.