A Study On The Incentive Effects Of China's R&D Tax Policies For Enterprises

The development processes all round the world expresses that science and technology is one of the decisive factors for a country's continuing economy growth. Science technical research and development is also the inevitable path which promotes the national economy increase and promotes international competition ability. And enterprises as the main of a county's R&D activities, the R&D investment scale and strength of enterprises can be said to be the wind vane of a country's economic development and comprehensive national strength. Since the beginning of reform and opening-up, the R&D investment scale and strength of our country business enterprise all had a very great exaltation, but compared with flourishing nation in the world still have a very big margin. To adjust China's economic development situation and completely change the mode of economic growth in China, continue to increase the R&D intensity of enterprises is imperative. Providing good policy environment for the enterprise R&D investment, increasing enterprise R&D investment enthusiasm, encouraging the enterprise enlargement R&D investment is an important and urgent mission that our country faces. Under such circumstances, the comprehensive and in-depth study on the incentive effect of our country's current R&D tax policy for enterprise have very strong realistic meaning.This article, through combines of qualitative analysis and quantitative analysis, the theories analysis and substantial evidence analysis, study the incentive effect of our country's R&D tax policy for enterprise. First, make a comprehensive analysis for the present condition of enterprise's R&D investment in our country. And make a combing and evaluating in detail of our country's current R&D tax policy. Secondly, on this foundation, analyze the incentive mechanism of R&D tax policy for enterprise from the theories. Finally, combining our country's current R&D tax policy, analyze the incentive effect of our country's R&D tax policy for enterprise in detail making use of capital cost model.To study the incentive effect of our country's R&D tax policy for enterprise, get these conclusions: our country's current R&D tax policy has certainly incentive effect for enterprise's R&D investment, but the incentive effect of directly special policy obviously lows in indirectly special policy. On this foundation, this article Proposed reform direction and countermeasures of our country's R&D tax policy.