Tax Policy On R&D Investment Of High-tech Enterprise

Domestic and international economic research and practice show that, to a largeextent, a country’s economic growth depend on the progress of science and technology.High-tech enterprises in technology innovation and R&D of new products, research anddevelopment of the unique nature of novelty and high-tech products to capture marketshare and improve its competitiveness in the market, therefore, the research anddevelopment (R&D) for the development of high-tech enterprises has an important role.In addition, from a national perspective, with the globalization of the market andintensifying competition, R&D for enhancing national competitiveness, and promote theeconomic growth of a country or region, and enhance the competitiveness of enterprisesand development potential to play a huge role.However,compared with developed countries,there is still a lot ofgaps.Therefore,we continue to improve the R&D of high-tech industries investedimperative for businesses to invest in a good policy environment has become ourgovernment is a very important and urgent task.Since the reform and opening up inChina,and formulated a number of science and technology to promote the developmentof high-tech industries preferential taxation policies.The high-tech enterprise tax policyresearch on the impact of R&D investment,a major draw on the role of national taxpolicy can be used to evaluate whether the tax policies encouraged the rapiddevelopment of China’s high-tech industry.From the microscopic point of view,the use of empirical analysis,normative analysis,qualitative analysis,quantitative analysis andsystem analysis,system analysis and study the impact of R&D investment of high-techenterprises of the state’s tax policy.(1)The direction of this thesis is the impact of tax policy on high-tech enterpriseR&D investment.In this paper,the existing research on this issue is missing the lack ofthorough and systematic theoretical research from two aspects of theoretical andempirical analysis of the relationship between these two.(2)The use of empirical methods,analysis of the effect of the implementation ofChina’s high-tech enterprise technology innovation tax policy,compare the intensity ofthe various tax incentive policy tools.Empirical analysis shows that:Tax incentives havea role in promoting corporate R&D investment in,but specific to each tax incentive toolof corporate R&D investment to promote the role and effect is not the same.So,to givefull play to the effects of the policy of tax Reed,must be based on the merits anddemerits of the different tax policy tools,reasonable selection and combination.(3)Based on the results of the theoretical and empirical analysis,we analyze thereasons for lacking of our current R&D tax policy incentive effects and propose sometargeted response.