Research On Tax Law Of Promoting High-tech Industry Development

Today the world has entered the era of knowledge economy, as the core of the knowledge economy, the high-tech industries are increasingly becoming the main force in promoting economic development. Compared with the traditional industries, high-tech industries with high input, high risk, high yield and is the spillover of the characteristics and needs the support of state's legal system and relevant policies, in particular tax. Foreign practice proves that it is an effective measure to use the revenue legal system to promote the development of high-tech industries. However, compared with the United States and other developed countries and regions, China high-tech industry is still at the fledgling stage, it is an urgent task to learn from foreign experience for the development of high-tech industries to create an ppropriate macro-economic environment, especially the tax environment policies and egulations.This paper is divided into four parts.The first part briefly introduces high-tech and content and features of high-tech industries, the great strategic importance to the nation for the development of high-tech industry. And from the theoretical basis, the need, feasibility and empirical aspects of the impact, the author demonstrates the view that the high-tech industries should be given support.The second part introduces and analyses the foreign tax legal systems to provide a useful reference for the improvement of China's tax laws of high-tech industries.Part Three briefly introduces the status quo of China's development of high-tech industries tax measures, pointing out the problems existed in China's development of tax measures for high-tech industry from five aspects.On the basis of the previous text, Part Four provides some tax suggestions for the sound improvement of China's high-tech industries and elaborates focuses on the following aspects. Firstly China should enact the general tax law as soon as possible so as to command and guide the single tax law, which is not only beneficial to the development of high-tech industries, but also the needs to improve our tax system. Secondly, in view of sporadic, irregular phenomenon existed in high-tech tax special legislation should be enacted to regulate high-tech tax legislation. Thirdly, the author analyses the selected main types of tax which has the largest impact on high-tech industry development and advocates the realization of restructuring capital gains tax, income tax (including the corporate income tax and personal income tax) to give capital and human resources support for the development of high-tech enterprises. Finally, the development of high-tech industries from the source of funding channels, the article proposes the establishment of tax incentives to encourage venture investment system, and strengthen the management of high-tech industries tax incentives.