Research On Tax Preferential Policies Of Small And Medium-sized Enterprises In China

As an important carrier of mass entrepreneurship and innovation,middle and small-sized enterprises play a significant role in the economic growth pattern transformation and economic restructuring in China.By the end of 2017,China has already had 40 million middle and small-sized enterprises and their contribution to GDP is nearly 60%.The unique innovative behaviors and flexible operation mode make the middle and small-sized enterprises become the most dynamic and promising backbone in different sizes of enterprises.In addition,they increasingly become the basis of economic development in China.Compared with large enterprises,due to the restrictions of capital,scale,technology,talents and business environment,middle and small-sized enterprises tend to be in a relatively weak position.The issue that how to create a good development environment for middle and small-sized enterprises has become an important strategic target in many countries' economic development.Various policies are introduced to promote the development of middle and small-sized enterprises.Financial and taxation support policy is the most important one.Preferential tax policies of middle and small-sized enterprises are taken as the research object.Through a detailed combing of preferential tax policies of middle and small-sized enterprises in China,based on their development status,the existing problems in current policies are analyzed.Besides,the successful experiences of preferential tax policies of middle and small-sized enterprises in Japan and America are concluded.Giving full play to their strengths and on the basis of promoting the healthy and rapid development of middle and small-sized enterprises in China,some countermeasures and suggestions are put forward to improve the preferential tax policies.Based on the above research objectives;the paper focuses on the research from the following aspects:firstly,the development status of middle and small-sized enterprises in China is realized and the relevant preferential tax policies are teased out.Then,according to the development demands of middle and small-sized enterprises,the deficiencies and problems of the current preferential tax policies of middle and small-sized enterprises in China are analyzed.Further,the development situation of middle and small-sized enterprises in Japan and America as well as their preferential tax policies are combed.Next,the successful experiences of preferential tax policies of middle and small-sized enterprises in Japan and America are concluded.Finally,learning from experiences of the two countries,relevant countermeasures and suggestions are put forward to improve the preferential tax policies.It can be seen from the above research that there are many problems in the preferential tax policies of middle and small-sized enterprises in China,such as scattered and chaotic policies,unreasonable operation,short preferential tax time,lack of long-term effectiveness,single preferential tax form,etc.Learning from the successful experiences of preferential tax policies of middle and small-sized enterprises in Japan and America actively,some perfect countermeasures and suggests are proposed in terms of diversifying the preferential tax form of middle and small-sized enterprises in China,strengthening the stability of preferential tax policies and improving the tax management of middle and small-sized enterprises.It is hoped to make contribution to optimizing the preferential tax policies of middle and small-sized enterprises in China so that its development can be promoted better.