From January to September this year, provincial state-owned enterprises declared to enjoy the additional deduction of R&D expenses increased by 14% year-on-year17%, the preferential tax policy to help the innovation and development of provincial state-owned enterprises play an increasingly prominent role.
The enterprises supervised by the Provincial State-owned Assets Supervision and Administration Commission (hereinafter referred to as the "provincial state-owned enterprises") have a large volume and strong radiation driving force, which has become a breakthrough in driving the R&D and innovation of enterprises in the province. According to the data provided by the Provincial Taxation Bureau, from January to September this year, the provincial state-owned enterprises declared to enjoy the additional deduction of R&D expenses increased by 14% year-on-year17%, the preferential tax policy to help the innovation and development of provincial state-owned enterprises play an increasingly prominent role.
According to the relevant person in charge of the Provincial Taxation Bureau, the policy of additional deduction of R&D expenses means that when calculating the profit-based enterprise income tax, the eligible R&D expenditure data can be calculated by an amount higher than the actual expenditure. The greater the R&D investment of enterprises, the greater the support they will enjoy from policies. The increase in the additional deduction means that provincial SOEs can save more money to invest in new R&D activities.
In June last year, the Provincial State-owned Assets Supervision and Administration Commission issued the "Implementation Plan for the Special Action of State-owned Enterprises to Carry out R&D Investment in Three Years and Five Years", requiring provincial state-owned enterprises to play a backbone support and leading role.
The sense of innovation of enterprises has been significantly enhanced, which is inseparable from policy support. In recent years, China has continuously optimized the R&D expense deduction policy, continued to increase the proportion of R&D expenses deductible for enterprises, increased the time point for enjoying the policy, and guided enterprises to increase R&D investment faster and better. The provincial taxation department accurately implements the innovation incentive policy, creates a good tax environment for provincial state-owned enterprises, and releases the innovation momentum of enterprises with both quantity and quality.
Green and low-carbon soda ash is produced on the traditional soda production line, and the organic silicon new material industry chain has become a breakthrough ...... the layout of the new trackTangshan Sanyou Group, an enterprise with basic chemical fiber raw materials as its leading products, has embarked on the road of high-quality development by relying on innovation.
Under the precise guidance of the tax department, Tangshan Sanyou Group has enjoyed the policy of additional deduction of R&D expenses for many years, and chose to enjoy the prepayment declaration in October this year to free up capital space for R&D investment as soon as possible. From January to October, Tangshan Sanyou Group's R&D investment intensity increased by 1 year-on-year2 percentage points, becoming a strong guarantee for the continuous enhancement of the company's scientific and technological innovation capabilities.
Focusing on supporting and guiding provincial state-owned enterprises to increase R&D investment, "26 group enterprises + 1,210 specific supervision enterprises" have become the key push objects of various preferential tax policies such as additional deduction of R&D expenses.
On the one hand, the provincial taxation department used the state-owned assets and state-owned enterprises symposium and other occasions to focus on the preferential policies for R&D to 26 group enterprises to ensure that the policy dividends were accurate and directOn the other hand, it shares the information of 26 group enterprises with the Provincial State-owned Assets Supervision and Administration Commission, and regularly collects and classifies the R&D investment data of specific supervised enterprises from the perspective of taxation, so as to help enterprises clarify the policy caliber and grasp the key points of enjoyment. In addition, the Provincial Taxation Bureau has also included 26 group enterprises in the list of "Thousand Household Groups" and key large enterprise groups in service management of the tax department, and provided special services for the needs of enterprises.
As a list of enterprises in the "Thousand Households Group" of the tax department, Hebei Coal Research Institute is the only comprehensive scientific research and development institution in the coal industry in Hebei Province. For three consecutive years from 2020 to 2022, the Institute of Coal Science and Technology has enjoyed a cumulative additional deduction of 3,226 for R&D expenses70,000 yuan. In the first three quarters of this year, 1079 additional deductions for R&D expenses have been enjoyed520,000 yuan, equivalent to 269 tax reductions880,000 yuan.
The tax reduction translates into investment in innovation, helping companies build core competitiveness and bring more lasting benefits. Zhang Lan, the financial director of the China Coal Research Institute, introduced that through scientific and technological innovation, the Coal Research Institute has realized the transformation from making products to doing services, and has developed a research and development service industry chain that integrates geophysical prospecting services, early warning monitoring and water prevention and control regional governance, and promoted and applied technical achievements such as mine geophysical prospecting and water hazard early warning system in many provinces through a combination of production, education, research and application. As of October this year, the sales revenue of the China Coal Research Institute reached 1300 million yuan, exceeding the annual sales revenue in 2022.
Policy incentives have stabilized market expectations and made scientific and technological innovation more motivated. According to data from the Provincial State-owned Assets Supervision and Administration Commission, from January to September this year, provincial state-owned enterprises invested 166 in research and development300 million yuan, a year-on-year increase of 6153%, the intensity of R&D investment ranks first in the national provincial state-owned assets supervision enterprises, and the atmosphere of innovation is becoming increasingly strong.
In the next step, the Provincial Taxation Bureau will continue to work closely with the State-owned Assets Supervision and Administration Commission, science and technology, industry and information technology, finance and other departments to form a joint force to reduce the concerns of enterprises to enjoy policies, comprehensively promote the implementation of policies, and ensure that the number and amount of provincial state-owned enterprises enjoying the policy of additional deduction of R & D expenses will increase steadily, so as to encourage the continuous improvement of the scientific and technological innovation strength of provincial state-owned enterprises and drive the rapid improvement of the level of scientific and technological innovation in the province. (Hebei **reporter** correspondent Yang Shi).