Analysing The Impact Of The High-Tech Tax Preferential Policies For The Development Of GEM Listed Companies

With the vigorous development and social progress as well as science and technology, high-tech industry has been rapid changes, the development of high-tech industry can fully demonstrate the level of development of a country or a region productive, high-tech for the development of the social economy plays an important role in promoting. Taxation is the lifeblood of the country’s economic, is an important lever government regulation of the economy, promoting economic development is the function of the tax department.Since January 1, 2008, after the reformation of the " Enterprise Income Tax Law of the People’s Republic of China" has been implemented for eight years. Have high and new technology enterprise income tax preferential policies really did promote the development of scientific research of the enterprises? What effects have been caused to high-tech enterprises in the process of the policy implement? These are what in need of examination. The theoretical significance of this topic is that analyzing the current situation and problems of high-tech enterprises to support the development of objective based on the tax incentives of China, drawing on the successful experience of developed countries, to build a high-tech industry development research supporting policy and taxation basic analytical framework for the study and provide the basis for assessing the effectiveness of a variety of financial and tax policies in theory; by exploring the corporate income tax effects of income tax reform to examine the influence of the high-tech enterprises, from evaluating the effectiveness of corporate income tax for the government to provide further improve the corporate income tax is based on the original.The method of literature research herein in the theoretical part, is that under the domestic and foreign literature research, draw on advanced foreign experiences, to optimize our high-tech enterprise income tax preferential policies put forward opinions and suggestions. In the part of empirical analysis integrated use of qualitative and quantitative analysis and integrated approach to the actual effect of corporate income tax, respectively, reduce the tax burden from promoting investment in fixed assets investment in research and quantitative analysis of three aspects. And multiple regression method to establish R & D investment as a dependent variable, the actual tax burden for the econometric model explanatory variables, the empirical relationship between actual tax and corporate R & D investment.The study found that tax incentives can reduce the cost of R & D capital, the objective to broaden the sources of R & D funding, tax policy is conducive to enhancing investment in R & D and increase innovation capacity. Enterprise Income Tax Policy relief measures such as accelerated depreciation, which greatly stimulated research into high-tech enterprises.However, despite the high-tech enterprise income tax preferential policies to promote the significance of GEM listed company’s research activities, but the implementation of such tax policy in the process still faces some problems. This paper will analyze these issues and make recommendations for improvement.