Evaluation Of Pretax Additional Deduction (PAD) Policy For Our High Tech Industries' R&D Expenses

Now,science and technology has become the biggest power of social economy developing,and it is an important symbol of a country's comprehensive national strength.As the core of the development of high technology industry logo,R&D investment,in a certain extent,symbolizes the power of technological innovation of enterprises.Therefore,the government how to promote high technology industry increased investment in research and development has become the focus of attention of all parties.As an important means of government regulation and control,tax revenue has been widely adopted as an incentive policy to promote the development of high-tech industries.Since 1980s,China has introduced a number of incentives to high technology industry R&D investment tax incentives,including income tax concessions.Income tax preference is the largest enterprise R&D expenses before tax plus deduction of preferential policies.R&D expense plus tax deduction incentives is the thirtieth important aspects of our country's the enterprise income tax law,that is a preferential and establish tax policies.The Fiscal 2015No.119 introduced is not an accident,but an embodiment of national innovation driven development strategy.In the background,to support the investment in research and development of high technology industry,the comprehensive and in-depth study of our current country's R&D expenses plus tax deduction policy has important theoretical and practical significance to improve the incentive effect of tax policy.This article summarizes the development costs of Chinese enterprises plus tax deduction of preferential tax policies for the theoretical research and empirical research,firstly,on Enterprise R&D investment and the necessity of deduction is expounded,the analysis of R&D expenses plus tax deduction policy for enterprises to increase R&D investment mechanism;then elaborated our country enterprise R&D expenses before tax plus the status of implementation of policies and deducting the historical changes of Chinese high tech industry research and development costs,and the existing problems are analyzed;then,the Deduction Policy and correlation analysis of Chinese high technology industry innovation,makes an empirical analysis by statistics the data of 1996-2013 in Chinese high technology industry,obtained under 0.05 significant level pre Tax Deduction Policy in the development of Chinese high tech industry innovation.There is a new effect.Again,based on correlation analysis,this article has carried on the plus pre tax deduction deduction policy on Chinese high-tech industry R&D innovation validity analysis,and draws the plus pre tax deduction policy has a lag influence on R&D innovation of Chinese high tech industry and corporate R&D investment intensity has obvious impact and continue to strengthen,and enterprise profit rate are positively related to the long-term equilibrium relationship.Plus pre tax deduction policy can influence the profit level of high technology industry in China and conduction effects of R&D and innovation,therefore,plus pre Tax Deduction Policy on R&D innovation of Chinese high technology industry development is effective,and the effect continues to strengthen.Finally on the basis of empirical research proposed consummates our country to support high-tech industry R&D innovation net of the preferential tax policy recommendations.