Analysis of Tax Incentive Policies for R&D Investment in the Nanfan Seed Industry and Accounting Treatment Strategies
This study conducts a thorough analysis of the tax incentive policies implemented in the Hainan Free Trade Port and their impact on R&D investment in the Nanfan seed industry,exploring the accounting treatment strategies of companies in this industry under these circumstances.By systematically reviewing the tax incentive policies of the Hainan Free Trade Port,this research reveals how these policies reduce corporate tax burdens,pro-vide financial subsidies,and allow pre-tax deductions,thereby encouraging companies to increase R&D invest-ment,promoting technological innovation,and enhancing competitiveness.Additionally,the study discusses how companies in the Nanfan seed industry can effectively utilize tax incentives,optimize R&D costs,and enhance cor-porate value through accounting treatment strategies such as capitalizing R&D expenses.Based on this,the study proposes suggestions for optimizing future tax policies in the Hainan Free Trade Port and for the development of the Nanfan seed industry,aiming to provide references and insights for the improvement of tax policies in the Hainan Free Trade Port and the sustainable development of the Nanfan seed industry.