Research On The Impact Of Accelerated Depreciation Policy On Enterprise Tax Burden

To lighten the burden on enterprises,the ministry of finance and state administration of taxation jointly issued a regulation on the base of the existing depreciation policy to perfect our policy of accelerated depreciation of fixed assets on October 20,2014.It is of great significance to improve the situation of lacking money and inadequate investment in Chinese companies now.Based on the data of 1542 listed companies as samples,this paper research policy enacted before and after the change of the corporate tax burden,it is found that accelerated depreciation policy did not reduce the industry tax burden,it may be that the policy of utilization rate is extremely low.After further screening of sample enterprises found that adopted in the enterprises of the accelerated depreciation policy,policy of tax savings can significantly reduce the corporate tax burden,confirm the depreciation as the tax effect of non-debt tax shields.What is more,compared with other types of enterprises,small and medium-sized enterprises and key industries tax decline is more apparent.According to the conclusion of this article,it is concluded that we should further intensify policy preferential and expanding the scope of the key industries,as well as support small and medium-sized enterprises,and improve the policy implementation method.