Research On The Impact Of Tax Cuts And Fee Reductions On Enterprise Innovation

Innovation is the first driving force to lead development.Innovation is strong for national games,innovation is weak for national games.Innovation is related to the level of economic development,international competitiveness and even the prosperity of the national games.In modern China,it is precisely because of backwardness It has not kept pace with the times of previous technological revolutions.To this end,the Central Committee of the Communist Party of China and the State Council launched the National Innovation Driven Development Strategy in 2016,which pointed out the direction and way forward for the development of China?s economy and enterprises.The important deployment of new economic growth,the development positioning of strategic emerging industries is to become an important guiding force for future economic and social development,and become the pillar industry of future economic development,and innovation is the lifeblood of the continuous development of strategic emerging industries Just like the human body lacks fresh blood.This article studies its impact on strategic emerging industry innovation from the perspective of tax reduction and fee reduction.First of all,it analyzes the path of the impact of tax reduction and fee reduction policies on enterprise innovation from three aspects:tax burden,tax burden structure and social security burden.Secondly,the preferential policies of strategic emerging industries are systematically sorted out and characterized,and the micro-enterprise data is used to analyze the status of various tax burdens of strategic emerging industries.The income tax burden and social security burden are lower than the average level,but the gap between the average and the average level is not large,especially the turnover tax burden and social security burden are equivalent to the average level,indicating that the tax reduction and fee reduction policies have not significantly reduced strategic emerging industries The burden of taxes and fees,and the preferential tax policies related to strategic emerging industries have structural imbalances such as uneven industrial distribution,direct over indirect,and enterprises over individuals.Finally,corresponding to the theoretical analysis,the impact of tax reduction and fee reduction on corporate innovation is also analyzed from three aspects: tax burden,tax burden structure and social security burden.The empirical analysis results show that tax burden has a significant inhibition on various indicators of corporate innovation In the analysis of tax burden structure,it is found that income tax burden is a boosting effect on R & D expenditure input,while turnover tax burden is a suppressing effect on R & D expenditure input,and the restraining effect of turnover tax burden is greater than that of income tax burden.Further non-linear relationship testing and threshold regression found that there is a non-linear relationship between total tax burden,turnover tax burden and social security burden and R & D expenditure input.Only social security burden does not have a threshold value,and there is a threshold value for both total tax burden and turnover tax burden.According to the research conclusions,put forward tax reduction and fee reduction directions and specific policy recommendations to promote strategic emerging industry innovation,with a view to assisting the strategic emerging industry innovation level and innovation ability through tax reduction and fee reduction policy measures.The innovation and development of emerging industries have certain reference significance.