To encourage enterprises to carry out research and development and improve capacity of independent innovation, the State Administration of Taxation printed and issued the Administrative Measures for the Pre-tax Deduction of Enterprise Research and Development Expenses (Trial Implementation) (hereinafter referred to as the Measures ) last December. It has been a year since the implementation of the Measures. Through survey, the Bureau found out that many enterprises in Dalian weren’t clear of some concepts, including how to define R&D expenses, which expenses to be deduced and how to apply for deduction and thus cannot grasp and leverage the Measures. At present, there are no more than 20 enterprises enjoying the policy. In a bid to assist enterprises to study, grasp and take advantage of the preferential taxation policy and also accelerate innovation steps, the Municipal Bureau of Science and Technology held a lecture on the policy for pre-tax deduction of enterprise R&D expenses and invited an expert of the Municipal State Taxation Bureau to interpret the policy on at Dalian S&T Intermediary Promotion Center and on December 24th, 2009. The Bureau also formulated and printed the Operation Manual for Pre-tax Deduction of Enterprise R&D Expenses for the convenient operation and application by enterprises.
Over 120 executive leaders and financial administrators of backbone innovation enterprises of Dalian, attended the lecture, such as Dalian New Shipbuilding Industry Co., Ltd, Dalian Bearing Group and Dalian Lumei Optoelectronics Corporation. The provisions of the Measures were interpreted and a range of contents were also explained, including application procedure, review and verification of taxation departments in charge. The atmosphere of the lecture is heated, with frequent interaction and sound response. The comrade from DHI•DCW Group Co., Ltd said: “the lecture is organized just in time and we all benefited a lot. Our enterprise R&D expenses of the year 2008 amounted to 50 million Yuan and tax preference of 25 million Yuan should be deduced according to the regulations on the Measure.
The lecture played a positive role in helping innovation enterprises to leverage the tax preferential policy and step up innovation.