Research On Environmental Tax Reform And Enterprise Innovation Efficiency

Under the guidance of the sustainable development strategy,China's environmental tax law system has been gradually established.In 2016,the “Environmental Protection Tax Law” was passed,and the environmental protection tax was adopted to replace the sewage charges.The “multi-sewage pays more taxes,less pollutants and less taxes” was proposed,which increased the pollution cost of enterprises and restricted the polluting enterprises such as manufacturing industries to damage the environment.At the expense of pursuing commercial interests,tax reductions are granted to companies that reduce pollutant concentrations.This mechanism will help promote the internalization of environmental external costs,and force the transformation and upgrading of high-pollution and high-energy-consuming industries,and promote economic restructuring and transformation of development methods.How environmental protection tax reform will affect the efficiency of enterprise research and development investment and enterprise innovation activities,and whether it can guide enterprises to achieve green production fundamentally through technological innovation is an important part of the study of “fee-to-tax reform”.Taking Shanghai Electric Power Co.,Ltd.as an example,this paper combines quantitative indicators and qualitative indicators based on the two dimensions of input and output to establish an innovation efficiency index system.The innovation efficiency of Shanghai Electric Power Co.,Ltd.was measured from the perspectives of economic efficiency and environmental efficiency,and the effect of environmental protection tax reform on the innovation efficiency of enterprises was examined.The author found that in 2014,the government agencies proposed the idea of reforming the environmental tax for clearing taxes,and then actively promoted the implementation of environmental tax reform until the 2018 environmental tax was officially implemented.During the period,Shanghai Electric Power Co.,Ltd.actively carried out green innovation activities,and both clean energy technology and thermal power technology research and development were equally important.Under the circumstances of ensuring the production capacity of enterprises,the emission performance of environmentally-friendly taxable pollutants was reduced,and the value of innovation efficiency indicators of enterprises was improving year by year.Green innovative products bring higher gross profit margin and lower resource consumption to enterprises.It can be seen that environmental protection tax,as an effective means of environmental regulation,has a positive and positive impact on corporate innovation.It not only helps enterprises to increase investment in research and development,but also pays attention to the effect of energy conservation and emission reduction.It also helps to enhance the innovation power and efficiency of enterprises.The “innovation compensation” exerts its effect and the “porter hypothesis” has been verified.Finally,this paper puts forward suggestions on improving the innovation efficiency of Shanghai Electric Power Co.,Ltd.under the background of human resources and financial investment,external cooperation and clean production.