Newly recognized productive high-tech enterprises shall be exempted from enterprise income tax for two years and levied enterprise income tax by half for eight years. For existing high-tech enterprises, in addition to enjoying the original "two exemptions and six reductions", the enterprise income tax will be reduced by half for two years. After the expiration of the preferential policy of enterprise income tax reduction and exemption, if the output value of export products in that year reaches more than 70% of the output value of products in that year, enterprise income tax will be levied at the rate of 10% after verification by the tax authorities. The recognized high-tech achievements transformation projects with independent intellectual property rights shall be exempted from enterprise income tax and business tax for five years, and 50% of the local share of value-added tax shall be returned; In the next three years, corporate income tax and business tax will be halved, and 50% of the local share of value-added tax will be returned. After the new projects digested and absorbed by high-tech enterprises are put into production, the profits of the projects will be exempted from enterprise income tax for three years, regardless of whether the enterprises have enjoyed preferential income tax reduction or exemption in previous years, as determined by the relevant departments of the municipal government and approved by the tax authorities. Shares awarded and distributed to employees by high-tech enterprises and high-tech projects are exempted from personal income tax if they are reinvested in the production and operation of enterprises; If dividends have been paid or transferred, individual income tax shall be levied according to actual income. The value-added tax of high-tech enterprises and high-tech projects can be divided on the basis of the previous year. From 1998 (newly recognized high-tech enterprises and high-tech projects are calculated from the year of recognition), 50% of the value-added tax will be refunded by the municipal finance within three years, which belongs to the national new product trial-production appraisal plan or trial-production plan, and the patented invention products produced for the first time in our city within three years from the date of product sales; Provincial and municipal new product trial-production appraisal plan or trial-production plan products, as well as utility model patented products produced in our city for the first time, within two years from the date of product sales, after examination and approval by the relevant municipal departments, the municipal finance will fully return the income tax actually paid by the new profits of the products. 50% of the new VAT will be refunded. For the income of technical consultation, technical service and technical training obtained by enterprises engaged in the development of high-tech products in the process of technological achievements transfer, the part with an annual net income of less than 500,000 yuan shall be exempted from enterprise income tax, and the enterprise income tax shall be paid according to law for the excess part; For the income from technology transfer, technical consultation, technical training and technical services of scientific research institutions and institutions of higher learning, the annual net income is less than 6,543,800 yuan, and the enterprise income tax is exempted for the part exceeding 6,543,800 yuan. The income from technical consultation, technical service and technical training during the transfer of the above-mentioned technical achievements shall be exempted from business tax. Technology contracts signed by high-tech enterprises and high-tech projects are exempt from stamp duty. The newly-built or newly-purchased production and business premises of high-tech enterprises and high-tech projects shall be exempted from property tax within five years from the date of completion or purchase. The land for scientific research and production of high-tech enterprises and high-tech projects shall be exempted from the leasing of land use rights; Free of transaction fees, property registration fees and related expenses for purchasing production and business premises; The deed tax shall be returned by the financial department according to the actual amount paid. High-tech enterprises can extract technology development expenses according to 3%-5% of sales in the current year. Enterprises engaged in the production of integrated circuits, mobile communication and program-controlled switches, software, computers, biotechnology and new materials can be extracted at the ratio of 5%- 10% after approval. If the extracted technology development fee is not used up in the current year, the balance can be carried forward to the next year to make up the difference. The production and scientific research equipment of high-tech enterprises and high-tech projects should be depreciated at an accelerated rate according to the actual situation and relevant regulations, so as to promote the equipment renewal and technological transformation of enterprises.