Innovative VAT Income Deduction Policy and Accounting Process from the Perspective of Technical Innovation

DOI

10.2991/iccessh-17.2017.192How to use a DOI?

Keywords

technical innovation; VAT deduction; deduction accounting process

Abstract

On the strategic background of innovation driving development, based on the basic analysis of value-added tax deduction and the function of value-added tax optimizing the economy, this article raises to increase the labor costs for internal R&D, amortization of depreciation of long term assets used directly for R&D, income deduction for amortization of technical intangible assets, as well as making corresponding adjustment on accounting so as to stir the R&D, promote the technological progress and economic transition and upgrade.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yi Tang
PY  - 2017/06
DA  - 2017/06
TI  - Innovative VAT Income Deduction Policy and Accounting Process from the Perspective of Technical Innovation
BT  - Proceedings of the 2nd International Conference on Contemporary Education, Social Sciences and Humanities (ICCESSH 2017)
PB  - Atlantis Press
SP  - 803
EP  - 807
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccessh-17.2017.192
DO  - 10.2991/iccessh-17.2017.192
ID  - Tang2017/06
ER  -