The Research Of Tax Policies Promoting The Enterprises’ Independent Innovation

In a sense, independent innovation is the driving force of sustainable developmentof country. Because of today’s rapid development of science and technology, thecompetition between countries gradually reflected in the competition of the power ofindependent innovation in science and technology all over the world. If our countrywant to acquire the initiative power in the competition in the scope of the world, wemust support the independent innovation.Enterprise is the body of the country’sinnovation system. Only by promoting the enterprises continuing their independentinnovation, the enterprises’ innovation productions possess the key power of thecompetition, then our country develops our science and economy sufficiently and ourcountry can be in a solid condition in the fiercely competition of the whole world. Ifthere is no independent innovation, our country will always play the role of the "factoryof the world", the basis of tax levying accounts for only small section of the cost of thewhole industry, and the core technology of the owner possessing the internationalcapital occupies a leading share of the revenue. Only from independent innovation, ourproduction will change from "made in China" to "created in China", and the coretechnology can make the expansion of the whole industry chain. Enterprises’independent innovation because of its positive externality, uncertainty and informationasymmetry needs the support of national policy. Tax policies are effective means ofadjusting the economic state, and using tax policies to encourage enterprises’independent innovation is current in all countries in the world. The National Mediumand Long-term Plan for Science and Technology Development is clear to use taxpolicies inspiring enterprises for independent innovation, indicating that we should get amore comprehensive understanding of the tax policies’ functions. At present, ourcountry is by means of additional deduction of the enterprise’s R&D cost, and thescience and technology products shall be exempted from import tax, these policies andother policies should inspiring enterprises for their independent innovation. Policieshave certain positive effects, but at present in China, there are still many problems ofthe promotion of the tax policies in enterprises’ independent innovation. Therefore, howto encourage enterprises for independent innovation by optimizing the tax policies inChina has extremely realistic significance.By basis of introducing the related theories, I indicate the problems of ourcountry’s tax policies promoting the enterprises’ independent innovation. Then on account of the experience abroad, I introduce the advice of perfecting the related taxpolicies and supporting measures. Specifically this paper includes five parts.The first part is “introduction”. In this part I introduce the background of thesubject and the meaning of the subject, the current researches abroad and at home, theresearch methods and the contents, the points of the innovation and deficiencies.The second part is “the analysis of the related tax policies promoting theenterprises’ independent innovation”. This part elaborates the meanings of theenterprises’ innovation and enterprises’ independent innovation. Then in this paper Ianalyze the theory basis and the influence mechanism of the tax policies promoting theenterprises’ independent innovation.The third part is“the analysis of the current tax policies promoting enterprises’independent innovation”. In this part I analyze the turnover tax policy, the businessincome tax policy and the individual income tax policy. Then I analyze the problems ofthe current tax policies promoting the enterprises’ independent innovation.The fourth part is “the tax policy abroad of enterprises’ independent innovation forreference”. This part introduces the related tax policies of developed countries such asthe United States, Japan, France and Australia. Then in this paper I introduce the relatedtax policies of the catch-up countries, such as South Korea, Singapore and India.Byanalysis of the tax policies of the above countries, we can acquire some experience: thegovernment should play an important guiding role, We should fully understand theenterprise is the body of the innovation, and we should pay more attention to the relatedtax policies promoting the small and the medium-sized enterprises, support theinnovation of industry-university-research cooperation more and pay most attention topromote the course of the innovation.The fifth part is “the advice of perfecting the related tax policies”. This part discussthat we should optimize the related tax policies from ten aspects: improving the legalhierarchy of the related tax policies, establishing the tax incentives with a universality,adjusting the objects of the preferential tax policies, clearing the relation of the main taxcategory and the tax preference, improving the tax policies’ supporting the independentinnovation of small and medium-sized enterprises, supporting greatly the course of theenterprises’ independent innovation, establishing the flexible tax policy system, thebusiness income tax policy covering the industry-university-research cooperation, beingexempted from the individual income tax for the related income of the personaltechnology innovation, including the intangible assets into the taxation scope of the value-added tax. Then I introduce the supporting measures: formulating TheRegulations of the Tax Policy Encouraging the Research and Development ofEnterprises, pushing the management of the tax expenditure, perfecting the collectionand management system in favor of the independent innovation, imposing the socialsecurity taxes, imposing the environmental protection tax, perfecting the relatedintermediary service system, perfecting the financial system improving the enterprises’independent innovation.