Taxation of Development Zone: Tax policy boosted enterprise innovation and development

In order to inspire enterprises to increase investment in research and development, improve the ability of enterprises to independently innovate, and accelerate the transformation of economic development methods, the state has implemented a series of corporate income tax for research and development expenses plus deduction policies. In order to strengthen the implementation of the policy, the State Administration of Taxation's Xining Economic and Technological Development Zone Taxation Bureau actively carried out precise support and service guarantees. Tax cadres actively understood the specific conditions of manufacturing and technology -based SMEs through various methods such as calls, telephones, and WeChat. Counseling to personnel such as the financial, R & D department and other personnel, and made effective measures such as "precise service" and using "magnifying the mirror" in advance, and carrying out "review" and other effective measures to help the enterprise have planned steps to implement and settled in detail. With sufficient and strong R & D expenses to deduct preferential policies, help enterprises provide strong support for the competitiveness of product competitiveness through scientific and technological innovation, improve product competitiveness, and provide strong support for the economic health, stability, and sustainable development of the development zone.

The picture shows the guidance policy of tax cadres in the development zone (photography: Yang Yang)

As a gathering place for Xining's scientific and technological innovation, the development zone shows that in 2021, a total of 203 companies enjoy the tax and benefit policy of R & D expenses plus deduction. In terms of enjoying the number of households and the amount of amounts, it has grown year by year. A company is a leading enterprise in the development zone manufacturing industry. In 2021, the company's R & D investment reached more than 100 million yuan, which was deducted in full. The implementation of R & D expenses plus deduction policy has reduced the tax burden of the enterprise to a certain extent, promoted the enterprise to better adjust the industrial structure upgrade as soon as possible, and enhanced its competitiveness for enterprises.

A construction and installation enterprise in the Xining Economic and Technological Development Zone, which is a preferential policy for R & D expenses plus deduction last year, will be refunded for nearly 20 million yuan in tax refund for enterprises. With the large investment of R & D costs, the increase in research and development projects has increased year by year, and the effect of R & D results is constantly emerging. It has further suffered from the cash flow of enterprises and accumulated strong momentum for enterprises to achieve new development.

A high -tech enterprise engaged in the research and development, processing, and import and export trade of copper foil products increased to the implementation of the new policy of 100%in the implementation of the manufacturing research and development expenses increase to 100%. Obviously, on the one hand, it has greatly promoted the enthusiasm of enterprise R & D investment, so that enterprises have greatly improved the quality of copper foil through innovative research and development. At the same time, it also provides a strong support for the company's further development of the market, prompting it to stand out in the competition in the same industry. Occupy a certain advantage.

R & D expenses plus the implementation of the policy of deducting policies have continued to enhance the positive incentives of enterprises, which has strengthened the confidence in the influence of the enterprise's epidemic and cope with the downward pressure of the economy. It has played a positive role in promoting the healthy development of the enterprise, so that the company has more funding guarantee for the continuous investment in research and development costs. The start of new R & D projects will no longer look forward to it. With the support, the wider, the wider, the farther and farther. (Correspondent: Li Jing, Deng Yucui)

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