Research On R&D And Innovation Tax Incentives Of High-Tech Enterprises--Empirical Evidence From T City

As an important means of government macro-control,scientific and effective tax policy plays an important role in encouraging and guiding enterprises to step forward on the road of sustainable development.In recent years,with the launch of a series of preferential tax policies aimed at stimulating enterprises’ R&D and innovation,high-tech enterprises,as the "leader" of technological innovation,are fully mobilized in their r&d and innovation willingness,which to some extent promotes the scientific and technological innovation,transformation and upgrading of China’s high-tech industry.However,with the continuous development of economy and the change of market environment,some problems of policies are gradually revealed,especially in some less developed areas and small and medium-sized cities,the policy is prone to deviation in the implementation process,which weakens the incentive effect of policies and affects the enthusiasm of r&d innovation of high-tech enterprises.As a representative of the regional innovative city in Inner Mongolia,T city’s R&D spending for years one of the leading enterprises in Inner Mongolia,2020 R&D spending is among the top in this district,the city’s high technology industry growth is good,high and new technology enterprise quantity,patent grant,key technology research and achievements transformation project quantity steady growth year by year.However,it is undeniable that limited by geographical location and comprehensive strength such as urban economic development,T city still lags far behind the first-tier and second-tier cities represented by eastern regions in terms of market economic environment,introduction of technical talents and government management ability.Similarly,what special problems will be faced in the implementation of national tax preferential policies in T city and what means should be adopted to solve them,all of which are worth our in-depth study.Through the combination of theoretical research and empirical analysis,this thesis mainly focuses on the implementation effect of tax incentives for R&D innovation of high-tech enterprises in T City.First of all,it sorted out the r&d and innovation tax preferential policies being implemented in T City,and analyzed the characteristics,policy environment,current situation of policy implementation agencies and the implementation of policies in local high-tech enterprises.Secondly,65 local high-tech enterprises that met the accreditation requirements during three years from 2017 to 2019 were selected as research samples for empirical analysis.By establishing regression analysis model,Found T,implementing the research innovation the preferential tax policy as a whole to promote the local high and new technology enterprise r&d investment,r&d investment and hi-tech products the income proportion of the three indicators,especially represented by total claim additional deduction r&d cost reduction of indirect preferential policies can have significant positive effect on r&d of high and new technology enterprise,However,the research results also show that the incentive effect of VAT related preferential policies and direct preferential policies represented by high income tax rate reduction on R&D investment of high-tech enterprises in T city fails to meet the expected effect,and even affects the overall tax incentive intensity of T city to some extent.T city present situation analysis,according to the content and the empirical research results summarized out the policy of preferential policy is insufficient,high and new technology enterprise has a low degree of tax compliance and tax department policy implementation ability insufficiency,the higher the suitable threshold,a few kinds of problems,and finally in view of the problem put forward the optimization countermeasures and Suggestions on the implementation of policy,It includes perfecting the policy system,standardizing the management of high-tech enterprises,improving the quality and efficiency of collection and management,increasing financial support and enriching the forms of encouragement.The research results not only provide feasible management measures and guidance suggestions for the tax authorities and relevant administrative departments in T city,but also provide some useful experience for reference for the administrative departments of similar regions and cities in China in the optimization of policy implementation.