Research On Tax Preferential Policy For New Three-Board Enterprises

In the national economic development in the process of small and medium-sized enterprises play an important role,it is not only an important foundation of social stability,but also promote the financial development of agriculture and rural economy and increase local fiscal revenue.However,small and medium-sized enterprises in the actual production process of the financing problem has become increasingly prominent,the construction and development of the new board is the main means and platform to solve this problem,it serves the national high-tech enterprises in the park,located in the "high tech" and "innovation" company.Its development is not only a manifestation of the state's implementation of the high-tech industry policy,but also of great significance to the promotion of China's construction of a unified OTC market supervision and the improvement of China's multi-level capital market.The starting point of this article is based on the relevant tax policies promulgated by the state to support small and medium-sized high-tech enterprises.First of all,this paper briefly expounds the development process and theoretical basis of the new three board development.Secondly,through combing the more than 10 years of the country to support the new board development related to tax policy,to understand the current national tax policy efforts to support the new board of inquiry,some shortcomings of existing policies,has not formed a perfect system of preferential tax policy;preferential tax involves less narrow;direct benefits more,less focus on indirect benefits;some preferential policies are not accurate,strong regional.Again with many scholars at home and abroad about the enterprise performance evaluation system of indicators,and the specific data of Listed Companies in the city of Beijing has access to the new board,using STATA software,establish panel data model to research when changing the extent of tax concessions,return on assets,sales profit rate as a measure of corporate performance indicators showing the law to analyze the effect of listed companies of enterprise income tax preferential policies for the comprehensive benefits of enterprises.Research shows that the degree of corporate tax preferential listing more enterprise assets return and sales profit rate better,and between them showed significant positive correlation;at the same time,between tax preference and fixed assets investment also has significant positive impact.Finally,it summarizes the related ways of preferential tax policies in foreign markets and China's Taiwan markets,including tax relief,tax relief,and tax base relief.At the end of this paper,based on the existing Chinese policy,put forward relevant countermeasures,including establishing preferential tax laws and regulations,increase tax concessions,broaden the channels,increase the indirect preferential incentives,scientifically determine the focus of tax incentives,improve the policy relevance,expectations of the relevant departments or the introduction of improved benefit some more appropriate policy;at the same time,also hope that with the aid of this article make three new board companies to recognize the defects in the development,in order to take measures to improve themselves,and constantly improve the innovation ability,enhance the competitiveness of enterprises,to further improve the structure of the national economy's status,make the new board to play a better role in the capital market.