Research On The Effect Of Inclusive Tax Relief Policy For Small And Micro Enterprises In X County Of Zhejiang Province

In order to better support small and micro enterprises,China has issued an inclusive tax reduction and exemption policy for small and micro enterprises in 2019.This policy is characterized by a high rate of tax reduction,a wide range of benefits and far-reaching effects,and all parties have carefully observed its true political influence.As a result,this paper specially chooses X county of Zhejiang Province as a sample which has developed private economy and numerous small and micro enterprises.Consulting relevant literature,comparing data as existing data,starting field studies and research,we understood the implementation of policy,analyzing the theory,we evaluated the impact of the policy,found inner problems available and then analyze the reasons,propose appropriate amendments in view of improving policies to play its due impact.The main studying contents are summarized as follows.The beginning of this paper summarizes briefly the basic concepts of small and micro-enterprises and the basic content of an overall tax policy for small and micro-enterprises,which briefly outlines the new public management theory,the Keynesian Government’s intervention theory,the School of Procurement and the Smith policy-implementation-processing model,as the theoretical support for this document,conclude that,in theory,fiscal policy has four main effects such as stimulating investment,industrial upgrading,tax revenues and economic growth.However,it is also found that the implementation effect is still not up to expectations and produced deviation of policy effect.Secondly,this paper briefly introduces the economic situation of X county in Zhejiang Province,the situation of small and micro enterprises and reduction and exemption of preferential tax policies for small and micro enterprises in recent three years.Then,using data and cases to analyze the effectiveness of a comprehensive tax relief policy for small and micro-enterprises,found that the policy can reduce the operating costs of small and micro enterprises,improve efficiency and expand preferential coverage,stimulate the vitality,improve the tax compliance,brings positive social benefits such as employment,tax source conservation and economic assistance,but the effect is still not ideal and has not fully achieved the expected effect.Thirdly,according to Smith policy-implementation-processing model,this paper informs an analysis the reason of the undesirable efficiency of the policy from four aspects of its own policy,implementation,target project and implementation environment.Fourthly,in view of the above reasons,this paper summarizes the experience,and proposes recommendations and recommendations from aspects relating to improving the effectiveness of policy guarantee,improving the efficiency of tax authorities and the implementation of personal policies,improving the efficiency of the optimization of the tax authorities and the implementation of personal policies to further enhance the policy effect.Based on the research on the impact of inclusive tax reduction and exemption policy for small and micro-enterprises located in Zhejiang Treaty,County X,we have learned that the actual impact of the policy implementation in the County Region,which helps to assess the actual impact of the measure.By analyzing the reasons why the policy effect is still not ideal in X county,and then put forward the corresponding improvement suggestions,which can further enhance the tax policy effect of small and micro enterprises In addition,it also provides reference for other small and micro enterprise tax reduction and exemption policies in the future.