摘要
以分成为主的分税是中国政府间财政关系的重要内容和特征,税收分成产生的财政收入激励将改变政府行为并传导至企业。本文借助2016年增值税分成改革捕捉地方政府财政激励的外生变化,构建了强度DID模型,实证探究了财力下移产生的财政收入激励对企业税负的影响。结果表明,增值税分成改革产生的财政收入激励显著降低了企业增值税税负,这一结论在一系列稳健性检验中得到印证。进一步分析发现,这种减税效应主要集中在国有企业以及位于政府经济干预较大、财政压力较大地区的企业;增值税分成改革产生的收入激励降低了辖区内企业的所得税税负和综合税负,提高了企业财务绩效。本文研究为进一步优化政府间税收分配关系和促进企业发展提供了实证依据。
Tax sharing is an important content and feature of China’s inter-governmental fiscal relations.The fiscal revenue incentives generated by tax share will change government behavior and transmit it to enterprises.This paper captures the exogenous changes in local government fiscal incentives with the help of the VAT sharing reform in 2016,constructs an intensity DID model,and empirically explores the impact of fiscal revenue incentives generated by the downward shift of fiscal resources on corporate tax burden.The results show that the fiscal revenue incentives generated by the VAT sharing reform significantly reduce the corporate VAT burden,which is confirmed in a series of robustness tests.Further analysis found that the effect of this tax reduction is mainly concentrated in state-owned enterprises and enterprises located in areas with greater government economic intervention and greater fiscal pressure;and the incentives generated by the VAT sharing reform have reduced the income tax burden and comprehensive tax burden of enterprises within the jurisdiction.The research provides an empirical basis for further optimizing the intergovernmental tax distribution relationship and promoting the development of enterprises.
作者
吴懿
李建军
Wu Yi;Li Jianjun
出处
《财政研究》
CSSCI
北大核心
2022年第6期81-94,共14页
Public Finance Research
关键词
增值税
税收分成
财政收入激励
企业税负
Value-Added Tax
Tax Sharing
Fiscal Revenue Incentive
Corporate Tax Burden
