执行
税制改革
公共经济学
间接税
从价税
增值税
业务
避税
公司所得税
税收
经济
双重征税
税收抵免
中国
直接税
环境税
收入
政府(语言学)
经济政策
货币经济学
财务
语言学
哲学
政治学
法学
作者
Jianjun Li,Zhouyi Wu,Lingbing Feng
标识
DOI:10.1016/j.econmod.2023.106566
摘要
This research examines how environmental regulation impacts corporate tax burdens. Although the literature argues that environmental policies exacerbate firms' tax avoidance, we offer a new insight from the perspective of government behaviour. Using the difference-in-differences approach and data on Chinese listed manufacturing firms from 2003 to 2019, we find that the establishment of environmental courts in China results in a 1.70 percent increase in corporate effective tax rates. The effect is significant only for private firms and is more pronounced in cities with stringent environmental regulations and fiscal stress. Tougher tax enforcement and the reduction of preferential tax policies are two potential channels. Given that environmental regulation reduces the tax base, local governments implement tougher tax enforcement and reduce preferential tax policies to maintain necessary tax revenues. Our study highlights the role of government in determining corporate tax burdens and evaluates the hidden tax costs of environmental regulation.
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