The Research On Tax Incentives Policy For Small And Micro Businesses In China

Although limited in individual scale,Small and Micro Business(abbreviated as SMB)in China is numerous and involved in large areas,which plays important role in promoting employment and scientific and technological innovation,stimulating market vitality,advancing economic development,narrowing the gap between the rich and the poor,and maintaining social stability.Generally speaking,SMB is still small and weak,vulnerable to risk and hardly survives.Within the New Normal of decelerating development and appearances of potential concerns,support to SMB is urgently needed.Tax Incentives Policy introduced by China has shown effectiveness,but is not satisfactory in aspects.This paper takes the Tax Incentives Policy of SMB as the core research topic,and applies methods such as literature analysis,empirical research and comparative analysis,to analyzes SMB and Tax Incentives Policy.This paper has six Chapters.The Chapter One mainly introduces the background,significance,literature review,main contents and research methods of the reserch.The Chapter Two discusses the basic theory of connotation,function,characteristics and Tax Incentives Policy of SMB.The Chapter Three firstly introduces the development of SMB in China and then analyzes the implementation and problems of Tax Incentives Policy of SMB.The fourth chapter analyzes the content,characteristics and experience of Tax Incentives Policy of SMB in the world.The fifth chapter puts forward the consummation suggestions from the aspects of the principles and objectives of the formulation of Tax Incentives Policy,such as the definition of SMB,tax legislation,tax reform,tax collection and management,and incentive policies on income tax.Finally,the paper summarizes the reserch and expounds the innovation and shortcomings.The innovation of this paper is that,according to the new national standard "classification of national economy",taking into consideration the needs of regional economic development and economic structural adjustment,based on the analysis of domestic problems and lessons from foreign experience,this paper gives the definition of qualitative and quantitative criteria for small and micro enterprises in various industries in China.Due to the authors limited ability,there is room for modification on the criteria put forward.