The Impact Of R&D Expenses Extra Deduction Policy On R&D Input

Since our country put forward the concept of high-tech enterprises,government departments have taken various measures to promote the development of high-tech enterprises,including financial measures and tax measures.In order to encourage enterprise's R&D activities and fully improve our R&D level and core competitiveness,our government mainly adopts two measures: government subsidies and tax incentives.In tax aspect,the expenses extra deduction policy of R&D is put forward,which enables enterprises to deduct part of the expenses at the level of existing income tax fees.Enterprise's research enthusiasm is improved.Compared with government subsidies,preferential tax policies are more inclusive and fairer.This article combines theoretical analysis with empirical research to explore the actual impact of this preferential policy on high-tech enterprises,and the extent of this impact in the subdividing industry,and also puts forward some measures to establish and improve the existing R&D expenses extra deduction policy.Based on the historical situation and current situation of the existing policy in China,it also analyses the R&D input of the recent years in China.The situation of R&D input is discussed in depth according to the region,industry and type of R&D activities,so as to realize a thorough understanding of the R&D input and the policy of expense extra deduction,and to provide the corresponding basis for future policy reform.Firstly,by analyzing the characteristics and concepts of high-tech enterprises,this paper clearly defines the scope of research,and on the basis of analyzing the mechanism of R&D expenses extra deduction policy and its external impact,it focuses on the history and status quo of R&D input of high-tech enterprises,as well as the development process and status quo of the policy of expenses extra deduction.In addition,there are some problems in the policy,such as big differences in the effect of different industries,low application rate of small-scale enterprises,high accounting threshold and poor application effect of start-ups.Secondly,in order to explore how the problems arise after the analysis of the current situation,this paper uses the method of generalized moment estimation to study 286 hightech enterprises with the data of Listed Companies in the past five years,and explores whether the preferential policy of R&D expense extra deduction has played its due role,as well as the influencing factors and ranges of different enterprises.In order to solve the problem of current situation analysis,it is necessary to analyze which factors have great influence on the application effect of the policy.Finally,this paper puts forward the corresponding measures and suggestions from the aspects of different industries,different enterprises,supporting measures of preferential policies and improving external financing relations of enterprises,improving the design of existing policies,improving communication and cooperation between tax departments and other departments such as science and technology,so as to promote the popularization of R&D expenses extra deduction policies and the targeted design of policies in China.