Research On Tax Policies Supporting The Development Of Wind Power Industry In China

With the rapid development of Chinese economy,a series of environmental problems appear.In order to protect the environment and promote sustainable economic and social development,China is vigorously developing clean energy and renewable energy,striving to achieve the goal of "carbon peak" and "carbon neutral".At the same time,Chinese non-hydropower renewable energy has been in a critical period,wind power can be operated without subsidies,China will continue to promote the process of wind power subsidies to exit.Subsidy retreat is a process that the wind power industry will surely go through.In the long run,it is the only way to promote the wind power industry to strengthen technical management,reduce industrial costs and improve the overall market competitiveness of the industry.However,the current development of wind power industry in China is not yet mature,and there are still some problems.It is not feasible to allocate resources only by relying on the market,and the government’s support and guidance are still necessary.Compared with fiscal subsidies,tax is a more effective and fairer policy tool to support industrial development.In the environment of subsidy retreat,the support of wind power industry tax policy is particularly important,so it is of great significance to study and improve the tax policy to support the development of Chinese wind power industry.It can not only improve the inadequacies in Chinese wind power industry tax policy,optimizing tax policy;Moreover,tax policy dividends can be better realized,policy effects can be brought into play,and the vigorous development of Chinese wind power industry can be further promoted,and the goal of "carbon peak" and "carbon neutral" can be realized as soon as possible.This paper first defines the concept of wind power industry,expounds the theoretical basis and mechanism of tax policy to support the development of wind power industry,and discusses the necessity and practical significance of perfecting the tax policy.Secondly,it describes the development history of Chinese wind power industry,and analyzes the characteristics and future trends of Chinese wind power industry.Then,the tax policies supporting the development of Chinese wind power industry are sorted out to explore the shortcomings.Next,through the tax support policies of other foreign countries to develop the wind power industry,I will learn from the experience of tax policies of other countries.Finally,suggestions on perfecting tax policies to support the development of Chinese wind power industry are put forward.This paper puts forward suggestions for improvement Chinese tax policies in wind power industry,including increasing financing tax support,strengthening tax support for wind power energy storage technology,strengthening land tax policy to guide the regional construction of wind power,adjusting the starting time of three exemptions and three halves of enterprise income tax,and increasing reverse tax inhibition measures.