“Relevant departments are requested to recognize that the retail industry meets the industry conditions for the addition and deduction of R & D expenses and cancel its restrictions, so as to improve the enthusiasm of scientific and technological innovation in the whole industry.” This is one of the suggestions put forward by NPC deputy Wang fill this year.
As the actual controller of the Retail Listed Company Better Life Commercial Chain Share Co.Ltd(002251) ( Better Life Commercial Chain Share Co.Ltd(002251) . SZ), Wang said that in recent years, physical retail has been seriously affected by the impact of e-commerce and the epidemic, facing the challenge of coping with the crisis and urgent transformation and upgrading. In order to adapt to the development of new business model, many physical retail enterprises have increased R & D investment. According to the survey of the basic situation of chain enterprises by China chain operation association in 2021, 60% ~ 70% of the top 100 chain enterprises invest more than 5 million yuan in digital transformation every year Yonghui Superstores Co.Ltd(601933) 2020 sales of 104.5 billion yuan and R & D investment of 266 million yuan; In 2020, Tianhong Department store had sales of 29.6 billion yuan and R & D investment of 55 million yuan Better Life Commercial Chain Share Co.Ltd(002251) R & D investment is 50 million to 55 million yuan per year.
However, according to the notice on improving the policy of pre tax addition and deduction of research and development expenses (CS [2015] No. 119) jointly issued by the Ministry of finance, the State Administration of Taxation and the Ministry of science and technology, the addition and deduction of research and development expenses in six major industries such as tobacco manufacturing, accommodation and catering, wholesale and retail are excluded.
Wang fill believes that this provision not only weakens the ability of digital transformation of physical retail enterprises, but also causes Wuxi Online Offline Communication Information Technology Co.Ltd(300959) more unfair competition.
In Wang Tian’s opinion, the development of various industries today is inseparable from scientific and technological innovation. In order to achieve Wuxi Online Offline Communication Information Technology Co.Ltd(300959) integration, the retail industry has continuously increased its R & D investment in the Internet and big data, and independently developed small programs, apps, member malls, etc. suitable for the enterprise. Through the development and application of big data, give full play to the information transmission advantages of online enterprises, use big data analysis to track offline consumption behavior, “real-time perceive” consumer needs, and provide multi scenario shopping services in combination with the technology applications developed by enterprises themselves; Use the customer information in big data to help enterprises manage customers, implement precision marketing and provide customers with personalized experience; Through the analysis of correlation and classification of commodity sales information, it provides decision support for enterprise commodity sales management. The R & D investment of this series of scientific and technological products aims to provide customers with better and more efficient services, so as to improve the profitability of enterprises.
Wang Tian believes that these R & D activities meet the addition and deduction standards defined in the new policy guidelines on pre tax addition and deduction of R & D expenses issued by the State Administration of taxation. If the resulting R & D expenses can be clearly collected and enjoy the pre tax addition and Deduction Policy of enterprise income tax, it will improve the enthusiasm of scientific and technological innovation of the retail industry; At the same time, relaxing the restrictions on the addition and deduction of industries can greatly reduce the burden on enterprises and make enterprises worry free when boldly trying scientific and technological innovation activities.
