Research On The Impact Of Corporate Income Tax Preferential Policies On Innovation Activitie

Reform and opening up have been going on for 40 years.During this period,China's economy has developed rapidly,but at the same time China's economy is also facing many risks and challenges.At present,China is in a new normal period,that is,it needs to face changes in structural adjustment and speed-shifting,and the economic growth mode is in urgent need of change.In the critical period of development,the important role played by macroeconomic policies should be fully utilized.Among them,the government has also formulated a number of measures.For example,the "mass entrepreneurship,innovation" policy proposed by Premier Li Keqiang has greatly promoted the cause of entrepreneurship and innovation in China,and also promoted the innovation and development of enterprises and the sound operation of the market economy.This paper starts from the corporate income tax preferential policy,combined with the relevant theoretical basis and current situation analysis,conducts empirical research on China's GEM listed enterprises,and further analyzes corporate income tax policies and economic subjects.This paper firstly sorts out the domestic and foreign literatures,and finds the research direction and research focus of this paper based on the previous research.Secondly,it defines the important basic concepts,and theoretically analyzes the theoretical basis and action path of the impact of tax preferential policies on the economic research and development behavior of economic entities.Then,it expounds and sorts out the innovation situation of Chinese enterprises and the income tax preferential policies that promote innovation,and evaluates the enterprise income tax preferential policies that are being implemented in China.Then,on the basis of theoretical analysis,this paper takes a total of 225 listed companies from 2010 to 2017,a total of 2024 samples,and establishes two-way fixed control of individual effects and time effects after defining relevant variables.The effect model was subjected to regression analysis.After regression analysisand empirical test,the conclusions of this paper are drawn:(1)The R&D investment intensity and the overall performance of innovation output performance of GEM listed companies are high,but there are great differences among enterprises,and different enterprises The corporate income tax benefits enjoyed by the company vary greatly;(2)the corporate income tax incentives have a significant positive correlation with the firm's R&D investment intensity;(3)the corporate income tax incentives have a significant positive correlation with the firm's innovation output performance;(4)Industry R&D investment plays a full intermediary role in the impact of corporate income tax incentives on corporate innovation output.Based on the conclusions of empirical research,this paper proposes the following policy recommendations:(1)adopting targeted and differentiated preferential policy systems for enterprises with different industries and scales;(2)improving the coverage of corporate income tax preferential policies and building general benefits and special offers.Combined preferential system;(3)Optimize the preferential method and increase the proportion of indirect preferential;(4)The preferential section of corporate income tax should be targeted.It can be more applied to the “research and development” stage and the “industrialization” stage of “research and development”,so as to further optimize the incentive effect of corporate income tax incentives;(5)simplify the procedures for enjoying preferential tax policies and improve the preferential tax policies.Operational.