Guangzhou'S Big Research And Development Fees Can Be Deductible By 1.5 Times.

Guangzhou has made great efforts to encourage independent innovation. After the Guangzhou municipal Party committee and the municipal government promulgated the No. 1 document in 2008 to support independent innovation, Guangzhou will make further efforts to encourage enterprises to carry out technological innovation: enterprise research and development fees can be 150% tax deductible.

The deputy director of the Guangzhou science and Technology Bureau, vice president of the Hong Kong Science and Technology Bureau, reported yesterday that the provincial people's Congress was inspected.

He believes that for enterprises, this is higher than the 1 document gold policy.

Independent innovation is a short board in Guangzhou. Compared with other big cities, the weak ability of independent innovation has been regarded as a short board of Guangzhou's economic development.

In August last year, Zhu Xiaodan, member of the Standing Committee of the provincial Party committee and Secretary of the Guangzhou municipal Party committee, led a delegation to Shenzhen to "learn from the classics" to explore the experience of learning independent innovation and the development of new and high technology industries.

At the two provincial meetings held in January this year, Zhu Xiaodan, member of the Standing Committee of the provincial Party committee and Secretary of the Guangzhou municipal Party committee, pointed out that the gap between Guangdong and Shenzhen was independent innovation: "the output value of high-tech products in Shenzhen accounts for more than half of the total industrial output value above scale, and Guangzhou is only 27%".

After March, the Guangzhou municipal Party committee and the municipal government jointly promulgated the document No. 1 of 2008, "the decision to vigorously promote independent innovation and speed up the development of new and high technology industries", and decided to invest 1 billion yuan each year for the development of independent innovation and high-tech industries in Guangzhou for 3 consecutive years.

Compared with document No. 1, the gold content is higher. But now, a more incentive policy than the 1 document will be introduced to stimulate enterprises to pay more attention to technological innovation in the context of the financial tsunami.

Gong hung Wu, deputy director of Guangzhou science and Technology Bureau, reported to the deputies to the provincial people's Congress: in this month, the implementation rules for the implementation of the pre tax deduction management of enterprise research and development fees, which was led by the science and Technology Bureau, will be promulgated. According to the regulations, enterprises can deduct the amount of the taxable income of the year according to the R & D fee of 150%.

He personally believes that for enterprises, this is higher than the 1 document of the gold policy, "because enterprises can get immediate benefits."

In the early part of 2006, the State Council issued the outline of the national medium and long term technology and technology development plan and some supporting documents, and put forward the policy of "150% deduction of income". However, the policy has not been implemented since there has been no detailed rules for implementation.

Until this year's implementation of the enterprise income tax law, this incentive policy was brought up again.

He said that on the 24 day of last month, the implementation rules for the implementation of the pre tax deduction management of enterprise research and development fees, which was led by the Guangzhou science and Technology Bureau, were discussed and approved by the executive meeting of the municipal government and will be formally promulgated this month.

How much tax can enterprises pay for R & D?

The reporter calculated an account: if a high-tech enterprise invested 1 million yuan in research and development every year, and formed the intangible assets of the enterprise, according to the tax rate of 15% of the high and new technology industry, the enterprise income tax that the enterprise can deduct a year is: 1 million 500 thousand yuan * 15%=22.5 million yuan enterprise income tax, and it is deducted before tax.

Yang Jing: editor in charge