According to Article 1 of the Notice of the Ministry of Finance and the Ministry of Science and Technology of State Taxation Administration of The People's Republic of China on Increasing the Pre-tax Deduction Ratio of Research and Development Expenses (Cai Shui [2018] No.99):
If the actual R&D expenses incurred by an enterprise in R&D activities are not included in the current profits and losses, 75% of the actual amount will be deducted before tax, from 20 18 1 to 20201231; If intangible assets are formed, they shall be amortized before tax according to 175% of the cost of intangible assets in the above period.
Characteristics of fund investment:
The gap between the total investment and the United States is narrowing year by year. 20 13 China's r&; D the total amount of funds jumped to the second place in the world for the first time, when R&; D The total expenditure is about 40% of that of the United States, which ranks first in the world. It is estimated that the proportion in 20 17 will be close to 60%.
The annual net increase in investment has exceeded the sum of the increases of OECD member countries. 20 16 China's r&; The net increase of D funds is150.69 billion yuan, while during the R& period, the total net increase of R&D funds of OECD members is about 97.37 billion yuan, and the net increase of R&D funds of China is about 1.5 times of the total increase of OECD members.
The investment growth rate remains the world's leading. 20 13 to 20 16, China r&; D Fund has an average annual growth of 1 1. 1%, which is 2.7%, 2.3% and 0.6% in the United States, the European Union and Japan respectively.
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